Dan Form decreases shareholding in Jing Yuan to 29.4%
Dan Form Holdings (0271) announced that its subsidiary Jing Yuan, a sino-foreign joint venture had finished restructure and the registered capital of Jing Yuan would be increased. The additional capital would be offered by its new companion Huarong and accordingly the shareholding held by Dan Form in Jing Yuan would be decreased from 60% to 29.4%, while Huayuan and Huanrong would hold 19.6% and 51% shareholding of Jing Yuan.
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