原文：http://shenzhen.chinacompositesexpo.com/en/news-detail-92-16571.htmlRecently, Wells Advanced Materials (Shanghai) Co., Ltd.has approved a capital increase of RMB 28 million for its wholly-owned subsidiary Shanghai Difu New Materials Technology Co., Ltd.

The capital increase consists of two parts: RMB 26.9171 million through debt-to-equity conversion and RMB 1.0829 million in cash from the company's own funds.


Following this capital injection, Shanghai Difu's registered capital will increase from RMB 72 million to RMB 100 million, and it will remain a wholly-owned subsidiary of the company.

This capital increase is based on the company's overall development strategy and the operational needs of Shanghai Difu. It will further enhance Shanghai Difu's capital strength and facilitate the expansion of its business operations.
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