CDC. Major Terms of the Capital Increase Agreement 1. The amount of capital increase by the Company and CDC are as follows: (a) Increase in registered capital The registered capital of Datang Nuclear Company shall increase from RMB1,026.4407 million to RMB1,242.0467 million. The amount of increase in registered capital is RMB215.6060 million. (b) Means and amount of capital increase The Company and CDC agreed to settle the capital increase to Datang Nuclear Company by way of cash. Based on the proportion of their respective shareholding, the Company agreed to contribute RMB86.2400 million to Datang Nuclear Company and CDC agreed to contribute RMB129.3660 million to Datang Nuclear Company. The aggregate amount of capital increase to Datang Nuclear Company in cash is RMB215.6060 million. The shareholding structure of Datang Nuclear Company as well as the amount of capital increase to Datang Nuclear Company by and the proportion of shareholding of each shareholder before and upon completion of this capital increase are set out as below: Capital Total capital shareholder capital increase capital increase injected increase capital increase (RMB’000) (RMB’000) (RMB’000) CDC 615,864.4 60% 129,366.0 745,230.4 60% The Company 410,576.3 40% 86,240.0 496,816.3 40% Total 1,026,440.7 100% 215,606.0 1,242,046.7 100% The Company’s contribution to the registered capital of Datang Nuclear Company will be financed by internal funds. 2. Timing of capital contribution: Payment of the capital contribution shall be made by the parties within one month from the date of signing of the Capital Increase Agreement.
Appears in 1 contract
Sources: Capital Increase Agreement
CDC. Major Terms of the Capital Increase Agreement
1. The amount of capital increase by the Company and CDC are as follows:
(a) Increase in registered capital The registered capital of Datang Nuclear Company shall increase from RMB1,026.4407 RMB1,242.0467 million to RMB1,242.0467 RMB1,711.0467 million. The amount of increase in registered capital is RMB215.6060 RMB469.0000 million.
(b) Means and amount of capital increase The Company and CDC agreed to settle the capital increase to Datang Nuclear Company by way of cash. Based on the proportion of their respective shareholding, the Company agreed to contribute RMB86.2400 RMB187.6000 million to Datang Nuclear Company and CDC agreed to contribute RMB129.3660 RMB281.4000 million to Datang Nuclear Company. The aggregate amount of capital increase to Datang Nuclear Company in cash is RMB215.6060 RMB469.0000 million. The shareholding structure of Datang Nuclear Company as well as the amount of capital increase to Datang Nuclear Company by and the proportion of shareholding of each shareholder before and upon completion of this capital increase are set out as below: Capital Total capital shareholder capital increase capital increase injected increase capital increase (RMB’000) (RMB’000) (RMB’000) CDC 615,864.4 745,230.4 60% 129,366.0 745,230.4 281,400.0 1,026,630.4 60% The Company 410,576.3 40% 86,240.0 496,816.3 40% 187,600.0 684,416.3 40% Total 1,026,440.7 1,242,046.7 100% 215,606.0 1,242,046.7 469,000.0 1,711,046.7 100% The Company’s contribution to the registered capital of Datang Nuclear Company will be financed by internal funds.
2. Timing of capital contribution: Payment of the capital contribution shall be made by the parties within one month three months from the date of signing of the Capital Increase Agreement.
Appears in 1 contract
Sources: Capital Increase Agreement