XinAo Co., Ltd. completes business registration change; registered capital reduced by 84,000 yuan to 730,157,443 yuan

MaticHoleFiller · 2026-03-27T20:52:43+00:00

Zhejiang Xin'ao Textile Co., Ltd. has completed a business registration change, with the registered capital reduced from 730,241,443 yuan to 730,157,443 yuan, due to the repurchase and cancellation of some restricted shares. This change will not affect the company's daily operations.

MaticHoleFiller

2026-03-27 20:52:43

Abstract generation in progress

[Financial Network News] On March 27, Zhejiang Xin’Ao Textile Co., Ltd. (Stock Code: 603889 Stock Abbreviation: Xin’Ao Co.) announced that the company has completed the business change registration procedures and obtained the newly issued business license. The registered capital has been changed from 730,241,443 yuan to 730,157,443 yuan, a decrease of 84,000 yuan.

The announcement shows that the company’s sixth board of directors’ twenty-fifth meeting held on December 5, 2025, and the first extraordinary shareholders’ meeting of 2026 held on January 16, 2026, approved the proposal to change the registered capital and amend the “Articles of Association.” This change is due to the company’s repurchase and cancellation of a portion of restricted stocks, resulting in corresponding adjustments to the registered capital and total shares. The total number of company shares has changed from 730,241,443 shares to 730,157,443 shares, a decrease of 84,000 shares.

Change Item
Before Change
After Change
Change Situation
—
Registered Capital
730,241,443 yuan
730,157,443 yuan
Decrease of 84,000 yuan
Total Shares
730,241,443 shares
730,157,443 shares
Decrease of 84,000 shares

The company completed the aforementioned cancellation procedures at the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. on March 16, 2026, and recently completed the relevant business change registration, obtaining a new business license issued by the Zhejiang Provincial Market Supervision Administration. The information on the changed business license shows that the company’s name, type, address, legal representative, and business scope have not changed, and the unified social credit code remains 91330000146884443G.

Xin’Ao Co. stated that this business change registration and the amendment of the “Articles of Association” align with the actual situation of the company and will not have a significant impact on the company’s daily production and operations.

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Editor: Xiao Lang Kuai Bao

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