Donghua Energy: Wholly-Owned Subsidiary Receives 300 Million Yuan Capital Increase, Company Waives Right of First Refusal

2026-03-17 14:35:18

Donghua Energy announced that its wholly-owned subsidiary, Donghua Energy (Maoming) Carbon Fiber Co., Ltd., plans to introduce Maoming Fucai Equity Investment Fund Partnership (Limited Partnership) with a cash injection of 300 million yuan. The funds will mainly be used for the construction and operation of the “Donghua Energy 10,000-ton Carbon Fiber Project.” After the capital increase, Donghua Energy will hold 66.6667% of Maoming Carbon Fiber’s equity and remain the controlling shareholder. The company waives its preemptive subscription rights, which is beneficial for expanding financing channels and enhancing overall competitiveness.

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