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Bailong Innovation Park: Thai subsidiary increased capital by 105 million baht
On October 10, Jinshi Data reported that Bai Long Chuang Yuan announced that its subsidiary, Bai Long Chuang Yuan Co., Ltd., has completed a registered capital increase of THB 105 million, increasing its registered capital from THB 495 million to THB 600 million. The company holds 100% equity of Bai Long Thailand. The purpose of this capital increase is to enhance the financial strength, operational capability and competitiveness of Bai Long Thailand. The source of the capital increase is the company's own funds, which will not have a significant impact on the company's financial status and operating results, and is not related to related party transactions or major asset restructurings.