Zhitong Financial and Economic APP News, Eurasia Group (600697.SH) issued a notice that according to the needs of business development, the company increased its capital by 617 million yuan to the subsidiary Changchun Eurasian Store Co., Ltd. (referred to as Eurasian Store Co., Ltd.), of which 51.85 million yuan was included in the registered capital and 565 million yuan in the capital reserve.
It is reported that after the capital increase, the registered capital of Eurasian stores has increased from 529 million yuan to 580 million yuan. The company's contribution increased from 210 million yuan to 261 million yuan, and the proportion of registered capital changed from 39.66% to 45.05%; Changchun Yashang Industrial Co., Ltd. contributed 109 million yuan, and the proportion of registered capital changed from 20.68% to 18.84%; natural persons contributed a total of 210 million yuan, and the proportion of registered capital changed from 39.66% to 36.11%.
The announcement said that this capital increase is the actual need of business work, is in line with the company's long-term development goals and shareholders' interests, increases the company's share of shares in subsidiaries, and will have a positive impact on the company's financial and operating conditions.