Rongtai Shares (605133.SH) announced on July 3 that in order to implement the company's global strategy, further optimize its business structure and implement business integration, reduce management levels, and improve management decision-making efficiency, the company has decided to adjust the equity structure of some of its wholly-owned subsidiaries. Due to the fact that some of the subsidiary equity holdings previously held by Rongtai Foundry will now be directly held by the company after the adjustment, the company plans to reduce its investment in Rongtai Foundry, thus leading to a reduction of capital for the company. Rongtai Foundry plans to reduce its registered capital by 419 million yuan. Before the capital reduction, the registered capital of Rongtai Foundry was 1.079 billion yuan. After the capital reduction is completed, the registered capital of Rongtai Foundry will be changed to 660 million yuan.
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嵘泰股份(605133.SH):拟对嵘泰压铸进行减资4.19亿元
Rontai Co., Ltd. (605133.SH): plans to reduce the capital of Rontai Die Casting by 419 million yuan.
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