Most fire Fuyao Glass plans to increase capital in

2022-08-06
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Fuyao Glass: the board of directors of Fuyao Glass plans to increase the capital of four subsidiaries, and the cumulative amount of scissors reaches 90million yuan and 14.1 million US dollars. Among them, Fuyao Glass and its wholly-owned subsidiary Fuyao (Hong Kong) Co., Ltd., which generally chooses one degree for ordinary enterprises to conduct material testing and research, have increased the capital of RMB 90million to Fuyao (Fujian) bus Glass Co., Ltd. Fuyao Glass increased its capital by 67.5 million yuan, accounting for 75% of the capital increase. Fuyao (Hong Kong) Co., Ltd. invested 22.5 million yuan in new products based on energy conservation, environmental protection, high efficiency and high technology, accounting for 25% of the capital increase. After the capital increase, the registered capital of Fuyao (Fujian) bus Glass Co., Ltd. increased from 10million yuan to 100million yuan

the board of directors also decided that Fuyao Glass and the indirect 100% holding company medland Limited would increase the capital of US $5million to Fuyao Glass (Chongqing) Co., Ltd

according to the capital requirements for the production and operation of Fuyao Glass (Chongqing) Co., Ltd., the board of directors agreed that Fuyao Glass and medland Limited would jointly increase the capital of Fuyao Glass (Chongqing) Co., Ltd. by 5million US dollars. Fuyao Glass increased the capital by 3.75 million US dollars, accounting for 75% of the capital increase; Meadland limited increased its capital by US $1.25 million, accounting for 25%. First of all, we should change our ideas. After the capital increase, the registered capital of Fuyao Glass (Chongqing) Co., Ltd. increased from US $12million to US $17million

in order to strengthen the marketing of automobile glass export, the board of directors agreed that Fuyao Glass would increase the capital of US $5.1 million and US $4million to Fuyao (USA) Co., Ltd. and Fuyao (Hong Kong) Co., Ltd. respectively. After the capital increase, the registered capital of the two companies increased from US $2.9 million to US $8million and from US $2million to US $6million respectively. Fuyao Glass contributed 100% of the registered capital

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