原文：http://shenzhen.chinacompositesexpo.com/en/news-detail-92-15765.htmlMay 12 – Shandong Shuangyi Technology Co., Ltd. announced an adjustment to the registered capital of its proposed wholly-owned Australian subsidiary, increasing it from 1,000 AUD to 21 million AUD. This revision supports the company's planned overseas acquisition of equity and assets, covering transaction costs and providing working capital for the target company.

Updated Subsidiary Details (Provisional):

Name: Shuangyi (Australia) Pty. Ltd.
Registered Capital: 21 million AUD
Business Scope: Investment holding, Design, manufacturing, and sales of composite products, wind power composite components, and non-metallic molds, Import/export trade and related consulting services.

The capital increase aligns with Shuangyi’s global business strategy, enhancing overseas production capabilities and strengthening international market collaboration. The move is expected to positively impact long-term growth without compromising the interests of the company or its shareholders.
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