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Glacier Network plans to increase the capital of its Hong Kong subsidiary

Released Date: Mar 05,2021 Article Source: HUANZE

Shenzhen Glacier Network Co., LTD. Yu2021years3month2The 16th meeting of the Third Board of Directors, held on January 16, reviewed and approved the provisions on the provision of a wholly-owned subsidiary Glacier Network(Hong Kong)LTD. 's capital increase proposal, the board of directors agreed to the company's own funds to the wholly-owned subsidiary Glacier Network(Hong Kong)Limited company to carry out capital increase, the amount of capital increase shall not exceed1000Ten thousand dollars. Glacier is one of the few new Internet entertainment platforms in China that integrates the development and operation of large-scale online games and community services.

Shenzhen Glacier Network Co., LTD. Yu2021years3month2The 16th meeting of the Third Board of Directors, held on January 16, reviewed and approved the provisions on the provision of a wholly-owned subsidiary Glacier Network(Hong Kong)LTD. 's capital increase proposal, the board of directors agreed to the company's own funds to the wholly-owned subsidiary Glacier Network(Hong Kong)Limited company to carry out capital increase, the amount of capital increase shall not exceed1000Ten thousand dollars. Glacier is one of the few new Internet entertainment platforms in China that integrates the development and operation of large-scale online games and community services.

Ring view:Ice Hong Kong is a wholly-owned subsidiary of Shenzhen Glacier Network Co., LTD. The capital increase will provide financial support for the overseas launch of game products. It is beneficial to enhance the subsequent financial strength and operational ability of Glacier Hong Kong, and guarantee and consolidate the smooth release of overseas products of the company.

Glacier Network plans to increase the capital of its Hong Kong subsidiary

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