Asia Communications Corporation (600692.SH) intends to increase its investment in its subsidiary, Huandao Concrete, by 19 million yuan.

Wisdom Finance and Economics App News, AsiaTong Corporation (600692.SH) announced that, according to business development needs, the company plans to increase the capital of its wholly-owned subsidiary Shanghai Huan Dao Concrete Products Co., Ltd. (referred to as "Huan Dao Concrete") by 19 million yuan using its own funds. After this capital increase, the registered capital of Huan Dao Concrete will increase from 30 million yuan to 49 million yuan, and it will still be a wholly-owned subsidiary of the company.