# Shenma股份 to invest CNY 97.92M in nylon technology subsidiary

Shenma股份 announced it will invest 97.92 million CNY as part of a 200 million CNY capital increase for its subsidiary Henan Shenma Nylon Technology, to fund a 60,000-tonne-per-year nylon 6 civil filament phase II project. The investment is proportional to its 48.96% stake.

- Type: Investment
- Announced: 2024-03-11
- Where: China
- Value: $13.6M (97.9M CNY)
- Status: announced
- Capacity: 60,000 tonnes per year of nylon 6 civil filament
- Products: nylon 6 civil filament
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Shenma Co., Ltd.](https://endata.com/companies/63617.md)
- [Fujian Hengshen Hexiang Technology](https://endata.com/companies/76164.md) (investor)
- [Pingdingshan Dongxin Coking](https://endata.com/companies/76165.md) (investor)
- [Henan Shenma Nylon Technology](https://endata.com/companies/76166.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1084599.html), 2024-03-11: "神马股份(600810.SH)发布公告，公司拟与福建省恒申合纤科技有限公司、平顶山市东鑫焦化有限责任公司共同签订关于河南神马锦纶科技有限公司的《增资扩股协议》，三方拟以现金方式按持股比例对锦纶科技进行增资，用于锦纶科技10万吨/年尼龙6民用丝二期(6万吨/年)项目资本金配置。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.