Brief: Chenming Paper's Subsidiary Receives 1.6 Bln Yuan From New Investor

Shandong Chenming Paper Holdings

25/06/2021 12:34

June 25 (Reuters) - Shandong Chenming Paper Holdings Ltd
 000488.SZ  1812.HK :
    * SAYS CO'S SUBSIDIARY TO RECEIVE A COMBINED 1.6 BILLION
YUAN 
($247.90 million) FROM TWO NEW INVESTORS
    * SAYS CO'S JIANGXI PROVINCE-BASED UNIT TO BOOST REGISTERED
CAPITAL IN CO'S SHANGHAI-BASED UNIT BY 700 MILLION YUAN TO 3.7
BILLION YUAN

Source text in Chinese: https://bit.ly/2SY93Hu
Further company coverage:  000488.SZ  1812.HK 

($1 = 6.4543 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
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