Increase capital by 1 billion yuan! Shenma Nylon Chemical implements market-oriented debt-for-equity swap

On December 12, Shenma Industrial Co., Ltd. (hereinafter referred to as “Shenma Co., Ltd.”) announced that its holding subsidiary Henan Shenma Nylon Chemical Co., Ltd. (hereinafter referred to as “Nylon Chemical”) plans to introduce CCB Financial Asset Investment Co., Ltd. (hereinafter referred to as “CCB Investment”) and Bank of China Financial Asset Investment Co., Ltd.…