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Yuanjie Technology: plans to increase capital to wholly-owned subsidiary to build a production base in the United States
On November 25th, Jinshi Data announced that the company plans to increase capital to its wholly-owned subsidiary Yuanjie Technology Pte.Ltd. (referred to as "Yuanjie Singapore") by no more than $50 million, all of which will be used to build a US production base for its wholly-owned subsidiary Yuanjie America.