Chanjet Information Technology Co., Ltd. Class H (HK:1588) has released an update.
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Chanjet Information Technology Co., Ltd. has announced a capital increase in its associate, Chanjet Payment, raising the registered capital from RMB200 million to RMB300 million. The company and Ronglian Technology will proportionally increase their capital contributions, maintaining their existing shareholdings. This move aligns with regulatory requirements and Chanjet Payment’s strategic development plans.
For further insights into HK:1588 stock, check out TipRanks’ Stock Analysis page.

