Company News

Ningbo Tianhui Increased Its Registered Capital to RMB 10 Million

Ningbo Tianhui Increased Its Registered Capital to RMB 10 Million

By 2018, TIANHUI's existing production space was becoming too small for the growing business. The company purchased approximately ten mu of land in Fenghua and began preparing a larger site.

Tianhui's registered capital was also increased to RMB 10 million. The plan recorded at the time was to complete the move around June 20, 2018.

Historical record of capital increase and factory expansion

A factory move takes a lot of organizing. This news item is a snapshot of the plans we were making at that stage of the company's growth.

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