XTC New Energy Materials Xiamen Co Ltd688778
▲ PositiveCapitalrelevance
Capital increase from 500M to 1.2B yuan strengthens balance sheet for subsidiary.

Ya'an Xiamen Tungsten New Energy Materials has increased its registered capital from 500 million yuan to 1.2 billion yuan. The company was established in December 2021, with Jiang Long as its legal representative. Its business scope includes research and development, manufacturing, and sales of electronic specialty materials, energy storage technical services, and emerging energy technology research and development. The company is jointly held by Xiamen Tungsten New Energy, Yahua Lithium Ya'an, and others.
XTC New Energy Materials Xiamen Co LtdCapital increase from 500M to 1.2B yuan strengthens balance sheet for subsidiary.
As a joint holder, capital injection supports subsidiary's growth, potentially benefiting Yahua.