Tibet Tianlu: Capital increase of 408 million yuan to its subsidiary

2026-02-24 00:41:20

Tibet Sky Road Announcement: The company’s controlling subsidiary, Tibet Gaozheng Building Materials Co., Ltd., plans to increase its capital investment in its controlling subsidiary, Tibet Lang County Gaozheng Building Materials Co., Ltd. Lang County Gaozheng was jointly established by Gaozheng Co., Ltd., Tibet Zangjian Cement Co., Ltd., Nyingchi City Urban Investment Co., Ltd., and Lang County Urban Investment Co., Ltd. The initial registered capital is 35 million yuan, with Gaozheng Co., Ltd. holding a 51% stake. According to project construction needs, all shareholders will need to make additional investments in phases, and the final registered capital is expected to reach 800 million yuan. Gaozheng Co., Ltd. will contribute with capacity indicators and cash, totaling 408 million yuan, accounting for 51% of the total investment. This transaction constitutes a joint investment with related parties but does not constitute a major asset restructuring.

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