Core Viewpoint - Hebei Iron and Steel Co., Ltd. (000709.SZ) announced a capital increase for its subsidiary, Hebei Letin Steel Co., Ltd. (referred to as "Letin"), to optimize its financial structure and enhance capital adequacy [1] Group 1: Capital Increase Details - Letin has a registered capital of 1,747,711,000 CNY, with Hebei Iron and Steel holding 75.91% and the Hebei Steel Industry Transformation and Upgrade Fund holding 24.09% [1] - A capital increase agreement was signed, where Hebei Iron and Steel will inject 470,000,000 CNY in cash into Letin [1] - After the capital increase, Letin's registered capital will rise to 2,127,231,000 CNY, with Hebei Iron and Steel's ownership increasing to 80.21% and the transformation fund's ownership decreasing to 19.79% [1]
河钢股份(000709.SZ):拟单方面以现金向乐钢增资47亿元