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China Jushi: Jushi Group and Jushi Hong Kong to Invest an Additional 800 Million Yuan in Jushi Huai'an
May 29th News, China Jushi announced that Jushi Group and Jushi Hong Kong plan to jointly invest 800 million yuan in Jushi Huai'an.
Among them, Jushi Group will invest 480 million yuan, holding 60%; Jushi Hong Kong will invest 320 million yuan, holding 40%.
After the capital increase, the registered capital of Jushi Huai'an will change from 2 billion yuan to 2.8 billion yuan.
This capital increase was approved by the company's board of directors on May 29, 2026, and does not constitute a major asset restructuring or related-party transaction, nor will it change the scope of the company's consolidated financial statements.
The purpose of the capital increase is to accelerate the construction of Jushi Huai'an's electronic-grade fiberglass project, enhancing production capacity and profitability.