Chuangyuan Co., Ltd.: Plans to increase capital by 100 million yuan to its wholly-owned subsidiary through debt-to-equity conversion.

Chuangyuan Co., Ltd. Announcement: To optimize the asset-liability structure of its wholly-owned subsidiary Ningbo Chuangyuan Haina Technology Co., Ltd., the company plans to increase its capital by RMB 100 million through debt-to-equity conversion. After this capital increase, the registered capital of Chuangyuan Haina will rise from RMB 50 million to RMB 150 million. After the capital increase, the company will still hold 100% equity of Chuangyuan Haina, and Chuangyuan Haina will remain a wholly-owned subsidiary of the company.
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