Nanya New Material Technology Co., Ltd.SSE: 688519

(688519)"NANYA NEW MATERIAL TECHNOLOGY CO., LTD."Announcement on Use of Certain Raised Funds to Increase the Capital in a Wholly-owned Subsidiary for the Implementation of Raised Funds Investment Projects

· Issued by Nanya New Material Technology Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688519 · · 4 pages · Chinese

Summary by 6ix AI

Nanya New Material Technology Co., Ltd. announced its decision to use part of the raised funds to increase capital in its wholly-owned subsidiary for investment projects. The company plans to allocate a significant amount of raised funds to enhance the subsidiary's capital to support a specific project related to advanced copper-clad laminates. This capital increase is intended to ensure the smooth implementation of the project and is in compliance with relevant regulations. The board of directors has approved this decision, confirming that it will not adversely affect the company's operations or shareholder interests.

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

On 6ix: 6ix.com/news/688519nanya-new-material-technology-co-ltdannouncement-on-use-of-certain-raised-funds-to-increase-the-capital-in-a-wholly-owned-subsidiary-for-the-implementation-of-raised-funds-investment-projects

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Announcement on Use of Certain Raised Funds to Increase the Capital in a Wholly-owned Subsidiary for the Implementation of Raised Funds Investment Projects

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