Jindi Holdings: Intends to invest 1.5 billion yuan to establish a subsidiary company.
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announced that the company plans to increase its capital to Hainan Jinhaihui Investment Co., Ltd. using its own funds or self-raised funds. The increased capital will be fully included in the registered capital. After the capital increase is completed, Jinhaihui will establish a subsidiary company, Boyuan Chongqing, in Chongqing. The company has signed an "Industrial Project Investment Contract" with the People's Government of Bishan District, Chongqing. The total investment of the project is not less than 15 billion yuan, with fixed asset investment of no less than 12.5 billion yuan, and other investments of no less than 2.5 billion yuan. The project will be implemented in two phases using a "lease before construction" approach. In the first phase, leasing of factory buildings will have a fixed asset investment of no less than 4.5 billion yuan; in the second phase, purchasing land for self-construction of factory buildings will have fixed asset investment of no less than 8 billion yuan.
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