Recently, Hangzhou Water Meter Co., Ltd. officially completed the industrial and commercial change procedures, and increased its registered capital from 40 million yuan to 108 million yuan through equity transfer and directional capital increase.
All the shares transferred and fixed value added this time were purchased by the existing middle and senior managers and technical and market backbones. After the share reform, the company's equity governance structure is more reasonable, which is more conducive to stimulating the work passion of the core team, enhancing the capital operation ability of the enterprise, and playing a positive role in promoting the implementation of the company's next development strategy.