Hubei Yihua Chemical Completes 950 Million Yuan Capital Injection Into Unit; Shares Down 3%
Hubei Yihua Chemical Industry (SHE:000422) completed the industrial and commercial registration for a 950 million yuan capital injection into wholly-owned subsidiary Chuxing Ecological Technology.The subsidiary's registered capital rose to 1.70 billion yuan from 750 million yuan, according to a Wednesday filing with the Shenzhen bourse.Shares of the chemical manufacturer were down 3% in recent trade.