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Hubei Yihua, Ningde Times Capital Increase Bang Pu Yihua

 Last Update: 2021-12-04
 Source: Internet
 Author: User

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On November 25th, Sinochem News, Hubei Yihua announced that Yihua Fertilizer Co.
, Ltd.
, a subsidiary of the company, and Yichang Bangpu, a subsidiary of Ningde Times Sun, jointly increased investment in Bangpu Yihua, and built iron phosphate precursors and other projects
.

After this capital increase, Bangpu Yihua's registered capital increased from 10 million yuan to 100 million yuan
.

Among them, Yihua Fertilizer Industry invested 35 million yuan and held 35% of Bangpu Yihua's equity; Yichang Bangpu invested 65 million yuan and held 65% of Bangpu Yihua's equity

After the capital increase is completed, Bangpu Yihua will build 300,000 tons/year iron phosphate precursor, 200,000 tons/year nickel sulfate, 1.

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