Core Viewpoint - Jiangsu Huahong Technology Co., Ltd. has approved a capital increase for its wholly-owned subsidiary through a debt-to-equity swap, reflecting a strategic move to enhance its financial structure and operational capacity [1]. Group 1: Corporate Actions - The company held the 27th meeting of the 7th Board of Directors and the 11th meeting of the 7th Supervisory Board on April 29, 2025, where the proposal for the capital increase was approved [1]. - The subsidiary, Beijing Huahong Resource Recycling Co., Ltd., has completed the business registration change and obtained a new business license [1]. Group 2: Business Registration Details - The registered capital of Beijing Huahong Resource Recycling Co., Ltd. has increased from 80 million RMB to 100 million RMB [1]. - The new business license indicates the company is a wholly-owned limited liability company with a registered capital of 100 million RMB, established on May 20, 1991 [1]. - The business scope includes the acquisition, processing, and dismantling of waste metal and non-metal materials, as well as various sales and rental services related to machinery and equipment [1].
华宏科技: 关于子公司完成工商变更登记的公告