津投城开: 津投城开关于向全资子公司增资的公告

Overview - The company Tianjin Jintou Urban Development Co., Ltd. plans to increase capital in its wholly-owned subsidiary Tianjin Xinglong Real Estate Development Co., Ltd. by 490 million RMB through cash and debt-to-equity conversion [1][2] Capital Increase Details - The capital increase amount is 490 million RMB, which will raise the registered capital of Xinglong Company from 100 million RMB to 500 million RMB [4] - This capital increase has been approved by the company's board and will require further approval from the shareholders' meeting due to its size exceeding 50% of the company's latest audited net assets [2][5] Financial Impact - The capital increase aims to improve the asset-liability structure of Xinglong Company, enhance its financial strength, and increase its creditworthiness, which aligns with the company's overall development strategy [5] - As of March 31, 2025, Xinglong Company reported total assets of approximately 9.28 billion RMB and net assets of approximately 8.49 billion RMB [2] Compliance and Approval - The capital increase does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations [2][5] - The company will continue to fulfill its information disclosure obligations as required by laws and regulations [5]