Zhejiang Fulai New Material Co. Ltd.SSE: 605488

(605488)"Zhejiang Fulai New Material Co., Ltd."Announcement on Progress of Waiving the Preemptive Right in the Wholly-owned Subsidiary Zhejiang Fulai Xingan Technology Co., Ltd. and Completion of Industrial and Commercial Registration Changes

· Issued by Zhejiang Fulai New Material Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 605488 · · 2 pages · Chinese

Summary by 6ix AI

Zhejiang Fulai New Material Co. Ltd. has announced the progress of waiving its preemptive rights in its wholly-owned subsidiary, Zhejiang Fulai Xingan Technology Co., Ltd., and the completion of related industrial and commercial registration changes. The company has agreed to allow Zhejiang Fulai Xingan Technology to increase its registered capital, resulting in a reduction of the company's ownership stake while remaining the controlling shareholder.

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

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Announcement on Progress of Waiving the Preemptive Right in the Wholly-owned Subsidiary Zhejiang Fulai Xingan Technology Co., Ltd. and Completion of Industrial and Commercial Registration Changes

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