Sosen Electronics plans to increase its investment in Sosen Innovation by 20 million yuan to optimize its asset structure
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Sosen Electronics announced that the board of directors approved a capital increase plan, intending to increase the capital of its holding subsidiary Sosen Innovation by 20 million yuan to optimize its asset structure. The total amount of this capital increase is 36.3636 million yuan, mainly used for the daily operations and business development of Sosen Innovation, aiming to enhance its capital strength and facilitate the smooth development of subsequent businesses
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