After restructuring and restructuring, Zhengzhou Cable Co., Ltd., with a total investment of 300 million yuan, was put into operation on September 7. The company was established by Zhongke Yinghua High-tech Co., Ltd., Zhengzhou Holding Co., Zhengzhou Cable Group and Zhongrun Hechuang, and the Zhengzhou Municipal Government approved the capital contribution agreement on September 5.
According to the funding agreement, Zhongke Yinghua contributed 195 million yuan in cash, accounting for 65% of the total share capital. Zhengzhou Holding invested 74.1 million yuan in the main effective operating assets and intangible assets of Zhengzhou Cable (Group) Co., Ltd., accounting for 24.7% of the company's total share capital; Cable Group invested 900,000 yuan in intangible assets, accounting for the company's total share capital. 0.3%; Zhongrun Hechuang contributed 30 million yuan in cash, accounting for 10% of the company's total share capital.
Fan Zaiyun, director of the Wire and Cable Branch of China Electrotechnical Association, said that Zhongke Yinghua Holdings Xinzheng Cable will form an industrial structure in which two industrial chains of copper mine-copper foil and heat-shrinkable polymer materials-wire and cable are combined.
According to the funding agreement, Zhongke Yinghua contributed 195 million yuan in cash, accounting for 65% of the total share capital. Zhengzhou Holding invested 74.1 million yuan in the main effective operating assets and intangible assets of Zhengzhou Cable (Group) Co., Ltd., accounting for 24.7% of the company's total share capital; Cable Group invested 900,000 yuan in intangible assets, accounting for the company's total share capital. 0.3%; Zhongrun Hechuang contributed 30 million yuan in cash, accounting for 10% of the company's total share capital.
Fan Zaiyun, director of the Wire and Cable Branch of China Electrotechnical Association, said that Zhongke Yinghua Holdings Xinzheng Cable will form an industrial structure in which two industrial chains of copper mine-copper foil and heat-shrinkable polymer materials-wire and cable are combined.
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