Jiangsu Evergreen New Material Technology Incorporated CompanySSE: 603125

(603125)"JiangSu Evergreen New Material Technology Incorporated Company"Announcement on Capital Increase in Wholly-owned Subsidiary JiangSu Evergreen New Material Technology (Taizhou) Co., Ltd.

· Issued by JiangSu Evergreen New Material Technology Incorporated Company via Shanghai Stock Exchange

Filed with SSE · Stock code 603125 · · 4 pages · Chinese

Summary by 6ix AI

Jiangsu Evergreen New Material Technology Incorporated Company has announced a capital increase in its wholly-owned subsidiary, Jiangsu Evergreen New Material Technology (Taizhou) Co., Ltd. The company plans to invest a significant amount to support the construction of a polymer new materials production base project in Taizhou. This investment will not require shareholder approval as it falls within the board's authority. The announcement includes risk warnings regarding the subsidiary's future operational uncertainties due to macroeconomic factors.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/603125jiangsu-evergreen-new-material-technology-incorporated-companyannouncement-on-capital-increase-in-wholly-owned-subsidiary-jiangsu-evergreen-new-material-technology-taizhou-co-ltd

Release

Announcement on Capital Increase in Wholly-owned Subsidiary JiangSu Evergreen New Material Technology (Taizhou) Co., Ltd.

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