China Risun Group Ltd. (HK:1907) has released an update.
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China Risun Group Ltd. has announced a significant capital injection of RMB800 million into its subsidiary, Cangzhou Risun Chemicals, by Shenzhen Venture Capital. This move will increase the registered share capital of Cangzhou Risun Chemicals and adjust ownership stakes, with Risun Group retaining an 85% stake. The investment is aimed at bolstering the production and operational capabilities of Cangzhou Risun Chemicals.
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