Haiyouxin Materials: plans to increase the capital of 70 million yuan for its wholly-owned subsidiary Tai Zhou Haiyou Wei.

Haiyouxincai announced that, in order to meet the production and business operation needs of its subsidiary, and to enhance its overall competitiveness, the company plans to inject 70 million yuan into its wholly-owned subsidiary Taizhou Haiyouwei with its own funds or self-raised funds. After the capital increase, its registered capital will reach 150 million yuan, and the equity structure will remain unchanged. This capital increase has been approved by the board of directors and still requires approval from the shareholders' meeting. Taizhou Haiyouwei is mainly engaged in the production and sale of photovoltaic film, with a revenue of 575.63 million yuan and a net loss of 37.5563 million yuan from January to September 2025. This capital increase may enhance its financial and operational capabilities, but due to various factors, there is uncertainty in its operations and earnings.