Patek: Announcement on Board Resolution by Important Subsidiary Jinghua International Investment Co., Ltd. to Conduct Cash Capital Reduction
Patek's important subsidiary, Jinghua International Investment Co., Ltd., announced its board resolution on May 8, 2026, to conduct a cash capital reduction of USD 5 million (33.11%) to optimize group fund operations, resulting in a post-reduction capital of USD 10.1 million.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:27 (27 min after Collected)
1. Date of Board Resolution: 2026/05/08
2. Reason for Capital Reduction: To coordinate group fund operations.
3. Capital Reduction Amount: USD 5 million.
4. Shares to be Canceled: Not applicable.
5. Capital Reduction Ratio: 33.11%.
6. Capital after Capital Reduction: USD 10.1 million.
7. Scheduled Date of Shareholders' Meeting: Not applicable.
8. Estimated Number of Listed Ordinary Shares after Capital Reduction and New Share Listing: Not applicable.
9. Ratio of Estimated Number of Listed Ordinary Shares after Capital Reduction and New Share Listing to Total Issued Ordinary Shares (Listed Ordinary Shares after Capital Reduction / Total Issued Ordinary Shares after Capital Reduction): Not applicable.
10. For cases where the estimated number of listed ordinary shares after capital reduction (items 8 and 9) is less than 60 million shares and less than 25%, please explain countermeasures for low stock liquidity: Not applicable.
11. Capital Reduction Record Date: Not applicable.
12. Other matters that need to be specified: None.
2. Reason for Capital Reduction: To coordinate group fund operations.
3. Capital Reduction Amount: USD 5 million.
4. Shares to be Canceled: Not applicable.
5. Capital Reduction Ratio: 33.11%.
6. Capital after Capital Reduction: USD 10.1 million.
7. Scheduled Date of Shareholders' Meeting: Not applicable.
8. Estimated Number of Listed Ordinary Shares after Capital Reduction and New Share Listing: Not applicable.
9. Ratio of Estimated Number of Listed Ordinary Shares after Capital Reduction and New Share Listing to Total Issued Ordinary Shares (Listed Ordinary Shares after Capital Reduction / Total Issued Ordinary Shares after Capital Reduction): Not applicable.
10. For cases where the estimated number of listed ordinary shares after capital reduction (items 8 and 9) is less than 60 million shares and less than 25%, please explain countermeasures for low stock liquidity: Not applicable.
11. Capital Reduction Record Date: Not applicable.
12. Other matters that need to be specified: None.