Glonghui November 20丨Huashang Energy (00206.HK) announced that on November 17, 2023, Huashang Hydrogen Energy Technology, an indirect wholly-owned subsidiary of the company, signed a capital injection agreement with Jia Geng Laboratory, Jia Geng Technology, Gao Xiaoping, and the target company (that is, Huashang Xiaogeng Hydrogen Energy Technology (Xiamen) Co., Ltd.). Based on this (including), Huashang Hydrogen Energy Technology has agreed to inject RMB 58.1897 million in cash into the target company.
According to the capital injection agreement, Huashang Hydrogen Energy Technology has agreed to inject RMB 58.1897 million in cash into the target company. After completion, the corresponding registered capital of Huashang Hydrogen Energy Technology in the target company increased by RMB 14.1052 million, while the shares held by Huashang Hydrogen Energy Technology in the target company increased by about 13.4%. In the end, Huashang Hydrogen Energy Technology's shareholding was 42%. The target company's main business activities are R&D, manufacturing and sales of alkaline electrolyzer equipment and key materials.