Core Viewpoint - Longping High-Tech (隆平高科) has announced the progress of introducing strategic investors for its subsidiary Beijing Lianchuang Seed Industry Co., Ltd. The move reflects the support of state-owned capital for the revitalization of the seed industry [1] Group 1: Investment Details - Agricultural Bank Investment plans to invest 200 million yuan to subscribe for 2,971,882 yuan of registered capital in Lianchuang Seed Industry, with the remaining premium portion included in the capital reserve [1] - A total of five strategic investors with state-owned backgrounds are involved, indicating strong backing for the seed industry [1] - The total amount of this round of capital increase for Lianchuang Seed Industry is set at 1 billion yuan, which will enhance its capital strength [1] Group 2: Financial Impact - The capital increase will effectively reduce Longping High-Tech's overall asset-liability ratio [1] - The investment will strengthen Lianchuang Seed Industry's technological innovation capabilities [1] - The move supports the company's strategy of industry integration through Lianchuang Seed Industry, solidifying its leading position in the domestic corn seed market [1]
隆平高科:子公司联创种业引入5家战略投资者 增资金额10亿元