Core Viewpoint - Hengda Group Holdings (03616.HK) announced a capital injection agreement involving its subsidiary, Xuchang Hengda, and Xuchang City Investment, aimed at enhancing the financial status of Xuchang City Hengrun and supporting the funding needs for the Dongyue Garden real estate development project in Xuchang, China [1] Group 1: Capital Injection Agreement - Xuchang Hengda will inject RMB 24 million into Xuchang City Hengrun, while Xuchang City Investment will inject RMB 36 million [1] - Following the capital injection, the registered capital of Xuchang City Hengrun will increase from RMB 100 million to RMB 160 million [1] - The ownership stake of Xuchang Hengda in Xuchang City Hengrun will be diluted from 80% to 65%, while Xuchang City Investment's stake will increase from 20% to 35% [1] Group 2: Company Background - Xuchang City Investment is a limited company established in China, primarily engaged in real estate development and urban infrastructure investment [1] - The ultimate beneficial owner of Xuchang City Investment is the Xuchang Municipal Finance Bureau [1] - Xuchang City Hengrun was established in July 2022 by Xuchang Hengda and Xuchang City Investment under a cooperation development agreement for the Dongyue Garden real estate project [1]
恒达集团控股(03616.HK)：许昌恒达拟注入许昌恒润注册资本2400万元