Peacebird(SH:603877) Ge Long Hui·2025-10-23 10:07Core Viewpoint - Taiping Bird (603877.SH) has approved a capital increase of 1 billion yuan to its wholly-owned subsidiary, Fengshang Apparel, to enhance its financial strength and support the implementation of the Ningbo High-tech Zone Taiping Bird Global Fashion R&D Center project [1] Group 1: Capital Increase Details - The company will use 200 million yuan of raised funds for investment projects and 800 million yuan of its own funds for daily operations [1] - After the capital increase, Fengshang Apparel's registered capital will rise from 95 million yuan to 1.095 billion yuan, maintaining its status as a wholly-owned subsidiary of the company [1] - The board has authorized management to sign relevant contracts and make contributions in phases according to Fengshang Apparel's actual needs [1]