Koboda (603786.SH) intends to increase its capital in Germany by 21.2 million euros.

Zhtng Cijng APP news, Kbd (603786.SH) announced that in order to strengthen the credit capabilities of its subsidiary in Germany, optimize its financial structure, further protect the company's overseas market, and enhance the company's global operating capabilities, it plans to use its own funds to increase the capital of its German subsidiary by 21.2 million euros. After the capital increase, the registered capital of the German subsidiary will be 51.275 million euros, and it will remain a wholly-owned subsidiary of the company.