[ET Net News Agency, 30 December 2019] Sun Art Retail Group Limited (06808) said its
subsidiary RT-Mart China and Hema (China) have agreed to increase the registered share
capital of Shanghai Runhe from RMB100 million to RMB300 million in proportion to their
respective shareholdings, among which RMB102 million and RMB98 million shall be
contributed by RT-Mart China and Hema (China) respectively.
Shanghai Runhe is principally engaged in the authorised operation of the Hema Stores.
(RC)