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Rih Sheng Financial Holding Announces Board Resolution to Participate in Cash Capital Increase of Subsidiary Jih Ding Circular Economy Investment Holding Co., Ltd.

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Rih Sheng Financial Holding, based on a board resolution, will participate in the cash capital increase of its wholly-owned subsidiary, Jih Ding Circular Economy Investment Holding Co., Ltd. It will invest a total of NTD 612,039,780 to acquire 6,171,000 common shares, which will be used as operating funds for the subsidiary.

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