Lukang Pharmaceutical (600789.SH) plans to increase capital to two subsidiaries to promote the expansion and strengthening of the Luxang pesticide sector and sales division

Zhitong Finance App News, Lu Kang Pharmaceutical (600789.SH) issued an announcement. Shandong Luxiang Pesticide Co., Ltd. (hereinafter referred to as “Biopesticide Company”) and Shandong Luxang Zerun Pharmaceutical Co., Ltd. (hereinafter referred to as “Zerun Company”) are wholly-owned subsidiaries of the company. In order to promote the expansion and strengthening of the Lukang pesticide sector and sales sector to meet business development needs, the company plans to increase the registered capital of the above two companies with its own capital. After the capital increase is completed, the registered capital of Biopesticide Company will increase from 41.25 million yuan to 150 million yuan, and Zerun's registered capital will increase from 3 million yuan to 30 million yuan.