Core Viewpoint - Hefei Urban Construction (002208) announced a capital increase cooperation agreement between its wholly-owned subsidiary, Xinpo Real Estate, and Hefei High-tech Holding Group Co., Ltd. [1] Group 1: Capital Increase Details - Xinpo Real Estate plans to increase its registered capital by 42.8571 million yuan, which will be subscribed by High-tech Holding [1] - After the capital increase, the registered capital of Xinpo Real Estate will change to 143 million yuan [1] - Following the completion of the capital increase, Hefei Urban Construction will hold 70% of Xinpo Real Estate's equity, while High-tech Holding will hold 30% [1] Group 2: Project Development - The cooperation aims to promote the development and construction of the GX20.24 land project in Hefei High-tech Zone [1] - The partnership is expected to enhance the competitiveness of the project [1] - The capital increase will not have a significant impact on the company's daily operations and main business [1]
合肥城建:子公司增资4285.71万元引入高新控股