Can collective enterprises increase capital and share? What are the procedures if possible?

Capital increase and share expansion means that an enterprise raises shares from the society, issues shares, and new shareholders invest in shares or original shareholders increase capital and share expansion, thus increasing enterprise capital.

The company's capital increase must be approved by a special resolution of the shareholders' meeting (or shareholders' meeting) (it must be approved by shareholders representing more than two thirds of the voting rights). The increased registered capital must be verified by an accounting firm, and the company's articles of association must be changed, and the corresponding change registration procedures must be handled.

Tips: The above instructions are for reference only and do not make any suggestions. There are risks in entering the market, so investment needs to be cautious. Before making any investment, make sure that you fully understand the investment nature and risks involved in the product, and then judge whether to participate in the transaction by yourself after carefully understanding and evaluating the product.

Reply time: February 2022-17. Please refer to the latest business changes announced by Ping An Bank in official website.