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The latest update is out from Breton Technology Co., Ltd. Class H ( (HK:1333) ).
Breton Technology Co., Ltd. has announced a connected transaction involving a capital increase agreement with its subsidiary, Shanghai Baipin, and controlling shareholder, Shanghai Yijin. Shanghai Yijin will contribute RMB20 million to increase Shanghai Baipin’s registered capital from RMB40 million to RMB60 million, reducing Breton’s shareholding to approximately 66.67%. This transaction, subject to reporting and announcement requirements, will not affect Shanghai Baipin’s status as a subsidiary or its inclusion in Breton’s consolidated financial statements.
More about Breton Technology Co., Ltd. Class H
Breton Technology Co., Ltd. is a joint stock company established in the People’s Republic of China, operating in the technology industry. The company focuses on technological advancements and innovations, with its operations including subsidiaries such as Shanghai Baipin.
Average Trading Volume: 999,051
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