Baichuan Co., Ltd. (002455.SZ): Phoenix Investment Fund plans to subscribe 90 million yuan to increase the registered capital of Ningxia Baichuan New Materials

NightAirdropper · 2026-03-10T18:43:18+00:00

Baichuan Co., Ltd. signed a capital increase agreement with Nantong Baichuan, Ningxia Baichuan, and other investors. Phoenix Investment Fund will contribute 90 million yuan in cash, and Ningxia Baichuan's registered capital will increase from 3.5 billion yuan to 3.59 billion yuan. After the capital increase, Nantong Baichuan's shareholding ratio will be 86.35%.

NightAirdropper

2026-03-10 18:43:18

Abstract generation in progress

Gelonghui, March 10 — Baichuan Co., Ltd. (002455.SZ) announced that the company, its subsidiary Nantong Baichuan New Materials Co., Ltd. (“Nantong Baichuan New Materials”) and Ningxia Baichuan New Materials Co., Ltd. (“Ningxia Baichuan New Materials”), along with the company’s actual controllers Zheng Tiejian and Wang Yajuan, and Yinchuan Phoenix Zhifu Equity Investment Fund Partnership (Limited Partnership) (“Phoenix Investment Fund”) have jointly signed the “Ningxia Baichuan New Materials Co., Ltd. Investment Agreement.” Phoenix Investment Fund plans to subscribe to an additional registered capital of RMB 90 million in Ningxia Baichuan New Materials with cash, increasing its registered capital from RMB 3.5 billion to RMB 3.59 billion. After this capital increase, Nantong Baichuan New Materials will hold an 86.35% stake, Ningxia Guotou New Material Industry Luhao Equity Investment Fund Partnership (Limited Partnership) (“Luhao Investment Fund”) will hold an 11.14% stake, and Phoenix Investment Fund will hold a 2.51% stake. Ningxia Baichuan New Materials remains a subsidiary within the company’s consolidated scope, and there is no change in the scope of the company’s consolidated financial statements.

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