Paulette (300246.SZ) announced that the company plans to use debt-for-equity swaps to Tianjin Baolite Medical Technology Co., Ltd...
According to Zhitong Finance App, Baolite (300246.SZ) announced that the company plans to increase the capital of Tianjin Baolite Medical Technology Co., Ltd. (“Tianjin Baolite”) by debt-for-equity swaps. After the capital increase is completed, the registered capital of Tianjin Baolite will increase to 98.657 million yuan. This capital increase will optimize the balance and liability structure of Tianjin Baolite and further enhance its competitive advantage.