JINXUN RESOURCE (03636) plans to increase the capital of its overseas subsidiaries by a total of 44 million US dollars.

JINXUN RESOURCE (03636) announced that Yunnan JINXUN RESOURCE Co., Ltd. plans to increase the capital of its wholly-owned subsidiary, JIN XUN SINGAPORE INTERNATIONAL TRADE PTE.LTD, by $30 million USD using its own funds, in line with the strategic development needs. Following the capital increase, the company's shareholding ratio will remain unchanged. JIN XUN (Singapore) International Trade Pte. Ltd. is registered in Singapore with a registered capital of 2 million SGD. Its business scope includes general wholesale trading, including importers and exporters. In 2024, the company achieved operating income of approximately 1.473 billion RMB and a net profit of approximately 53.42 million RMB. Yunnan JINXUN RESOURCE Co., Ltd. also plans to increase the capital of its subsidiary, RONG XING INVESTMENTS LIMITED, by $14 million USD using its own funds. Following the capital increase, the company's shareholding ratio will remain unchanged. RONG XING INVESTMENTS LIMITED, with a registered capital of 20,000 Kwatcha, is registered in the Karuru West area of the Kiteve city in the Copperbelt Province of Zambia, at Plot No.26 Block No.542/M on Sabinamukwelerila Road. Its main business includes construction engineering, machinery, civil electrical manufacturing, exploration, mining, import and export, general trade, and mineral processing. In 2024, the company achieved operating income of 253 million RMB and a net profit of 8.4 million RMB. The capital increase is aimed at meeting the business expansion and operational development needs of the subsidiary, in line with the overall development strategy and operational situation of the company.