On July 18th, Gelonghui reported that Millison Casting Technology LLC (MCT) is a wholly-owned subsidiary of the company's wholly-owned subsidiary Millison Technologies International Limited in Hong Kong, Millison Inc.(MLS), which holds 100% of the shares. According to the company's development plan, it intends to increase the capital of MCT with its own funds and self-raised funds totaling 56.972 million US dollars (or equivalent RMB), which will be used for equipment purchase, plant expansion, daily production and operation of the American subsidiary. The amount of capital increase will be added to the registered capital of MCT. After the completion of this capital increase, the registered capital of MCT will increase from 100 US dollars to 57.972 million US dollars (the actual registered capital after the capital increase will be subject to registration and approval by the local government in the United States).
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美利信(301307.SZ):拟对MCT增资5697.20万美元
Meilixin (301307.SZ): plans to increase capital to MCT by $56.972 million.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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