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E. China’s Jiangsu to establish railway group with registered capital increasing to RMB120 bln

May 15, 2018


Abstract : Government of east China’s Jiangsu Province has recently issued a document to restructure Jiangsu Railway Investment Development Co., Ltd. into Jiangsu Railway Group Co., Ltd. through capital increase.

高铁站

BEIJING, May 15 (Xinhua) -- Government of east China’s Jiangsu Province has recently issued a document to restructure Jiangsu Railway Investment Development Co., Ltd. into Jiangsu Railway Group Co., Ltd. through capital increase, according to the report by the Xinhua-run Shanghai Securities News.

Under the document, as a national wholly-owned limited liability company, the registered capital of Jiangsu Railway Group will gradually increase from 7 billion yuan to 120 billion yuan. (Edited by Hu Pingchao, hupingchao@xinhua.org)

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Keyword: high-speed-railway Jiangsu-province

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