ELC Corporation has updated its company charter regarding the capital increase after conducting a share offering to existing shareholders. The capital increase aims to enhance financial capacity, expand operational scale, and invest in strategic projects for the future. According to the update, the new charter capital of ELC will be adjusted according to the number of additional shares issued. The share offering not only helps the company increase its assets but also provides existing shareholders an opportunity to increase their shareholding percentage. ELC commits to utilizing the raised capital effectively and will announce specific plans for its use to ensure transparency with investors. Detailed information regarding capital allocation and upcoming activities will be released in future newsletters.
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