BYD: 6 billion yuan to increase the capacity of BYD lithium battery

BYD : BYD intends to raise capital by RMB 6 billion from its wholly-owned subsidiary Shenzhen BYD Lithium Battery Co., Ltd. After the capital increase is completed, the registered capital of BYD lithium battery is changed from RMB 160 million to RMB 6.1 million. The company holds BYD. The shareholding ratio of lithium batteries remains 100%. After the capital increase, the company's lithium-ion power battery production capacity will be rapidly expanded to better meet the needs of new energy vehicle production.
BYD intends to increase its capital by investing RMB 6 billion to its wholly-owned subsidiary Shenzhen BYD Lithium Battery Co., Ltd. After the capital increase is completed, the registered capital of BYD lithium battery is changed from RMB 160 million to RMB 6.1 million. The company holds BYD lithium battery. The shareholding ratio remains 100%. After the capital increase, the company's lithium-ion power battery production capacity will be rapidly expanded to better meet the needs of new energy vehicle production.

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