Hubei Yihua boosts subsidiary capital, plans 75 bn yuan in aid

Hubei Yihua Chemical Industry Co., Ltd. announced the completion of industrial and commercial registration for Hubei Yihua Environmental Technology Co., Ltd. following a capital increase. The subsidiary's registered capital rose from 39,215,700 yuan to 250,000,000 yuan. Hubei Yihua Chemical contributed 107,500,000 yuan, and Hubei Yihua Group contributed 103,284,300 yuan.

In a related development, the company's board approved financial assistance totaling up to 75,000,000,000 yuan across five holding subsidiaries. Inner Mongolia Yihua Chemical, Qinghai Yihua Chemical, Yihua Phosphorus Chemical, Yihua Environmental Technology, and Yihua New Material Technology will receive funding at market or company loan rates. Hubei Yihua Group will provide equivalent financial support based on its proportional shareholding.

The company also reported providing external guarantees totaling 1,064,359,960 yuan for its holding and associate companies as of the disclosure date, representing 144.57% of its latest audited net assets. Additionally, a ninth extraordinary shareholders' meeting is scheduled for November 27, 2025, to further deliberate on the financial assistance proposals.