Tangshan Jidong Cement plans to inject capital into Tangshan Jidong Cement Investment Development with Jidong Development Group, according to a company filing.
The firm will invest CNY240m (US$37.3m) in cash while Jidong Group will contribute CNY250m. That will raise the subsidiary registered capital rose to CNY1.99bn, and Jidong Cement will have a 49 per cent interest in it.
