CICC announced on August 28 that its board of directors approved a one-time capital increase of 4.2 billion yuan or its equivalent in other currencies into its wholly owned subsidiary China International Capital Corporation International Limited, referred to as CICC International, using its own monetary funds. The board also authorized the company's management committee and authorized persons to determine the specific plan and handle related procedures.
China International Capital Corp LtdCICC's board approved a 4.2 billion yuan capital injection into its wholly owned subsidiary CICC International using its own funds.
