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Doublestar reduces the registered capital of the Guangrao company

Author: Xuda Wang Comments: 0
Guangrao Jixing’s predecessor was Hengyu Technology, a well-known tyre company in Guangrao (Photo: Doublestar)

Doublestar reduced the registered capital of Guangrao Jixing, a wholly owned subsidiary, on the grounds of “strategic optimisation and adjustment”. Information released by the tyre manufacturer shows that the registered capital of Guangrao Jixing has been reduced from 609 million yuan to 205 million yuan.

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