Cherish Sunshine International Limited (HK:1094) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Cherish Sunshine International Limited has announced a capital increase for JV Company I, with the registered capital jumping from RMB 130 million to RMB 280 million. Under the agreement, partners Chenghui New Energy and Jiangyin Daxiang will contribute additional funds, retaining their respective 19% and 81% stakes in the venture. However, the financial results of JV Company I will not be consolidated into Cherish Sunshine’s financial statements.
For further insights into HK:1094 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue