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Nanfang Co., Ltd. (600250): Abandoning Participation In Capital Increase, Financial Leasing Shareholding Ratio Will Be Reduced To 12%
Nanfang Co., Ltd. (600250. SH) announced that Nanjing Golden Tourism Financial Leasing Co., Ltd. ("Jinlv financial leasing") plans to increase capital and share due to the needs of business development, with the registered capital increased from 350 million yuan to 500 million yuan.
According to the announcement, the company's wholly-owned subsidiary, Hong Kong Xinda International Investment Co., Ltd. ("Xinda investment") holds 17.14% of the equity of Jinlv financial leasing, and after comprehensive consideration, it has decided to give up the right to increase its capital in the same proportion. After the completion of the capital increase, Xinda investment's shareholding ratio in financial leasing of Jinlv decreased to 12%.
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