Forest Packaging Group Co.Ltd(605500) : the subsidiary has completed the capital increase and share expansion, and the new company has been registered to explore the field of renewable resources

on Forest Packaging Group Co.Ltd(605500) 8, it was announced that the company recently received a notice from its subsidiary Zhejiang forest United Paper Co., Ltd. that forest United paper has received the investment from shareholders, completed the relevant industrial and commercial change registration procedures for this capital increase, and obtained the business license.

It is reported that Forest Packaging Group Co.Ltd(605500) held the second extraordinary general meeting of shareholders in 2021 on February 23, 2021, considered and adopted the proposal on capital increase and share expansion of wholly-owned subsidiaries. On December 12, 2021, the company signed the supplementary agreement to the cooperative investment agreement with five investors. After the capital increase, the registered capital of forest United paper will increase from 200 million yuan to 300 million yuan.

At the same time, according to relevant data, Wenling forest renewable resources sorting center Co., Ltd., a wholly-owned subsidiary of Forest Packaging Group Co.Ltd(605500) was established on March 2, with a registered capital of 1 million yuan. Its business scope includes general projects: renewable resources recycling (except productive waste metals); Sales of renewable resources; Renewable resources processing, etc.

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