Zhonghui Group (00382.HK) intends to increase its statutory capital to 20 million US dollars.

"Zh tng cijng APP xn, zhnghu jtun (00382.HK) gngb, wi chubi knng qunsh dngyng gzhn pngdng de gngs gfn jhu de jhu shuxn xin', bng wi rhu de qy xngdng tgng dnhunxng, gngs jiny tugu zng sh 5 y g wi gfn, jing gngs de fdng gbn cng 1500 wn miyun (fnwi 15 y g gfn), zngji zh 2000 wn miyun (fnwi 20 y g gfn), wi gfn y fxin j jio z gkun hu, jing zi g fngmin y y fxin gfn xingyu tngdng dwi." "According to the Zhitong Finance APP, Zhonghui Group (00382.HK) announced that in order to prepare for a possible full use of the authorized quota for the company's share plan that requires shareholder approval, and to provide flexibility for future corporate actions, the company suggests increasing the number of authorized shares by 500 million, from the company's statutory capital of 15 million US dollars (divided into 1.5 billion shares) to 20 million US dollars (divided into 2 billion shares). The additional shares, after issuance and payment of the share capital, will have equal status with the existing issued shares in all respects."