Nichen Corporation: Intends to increase the capital of its wholly-owned subsidiary Nichen Shanghai by 17 million yuan.

Sunrise Corporation announced that the company held the seventh meeting of the fourth board of directors in 2025, and approved the proposal to increase the capital of its wholly-owned subsidiary, Sunrise Shanghai, by 17 million yuan. The funds will come from its own funds and will be used to supplement operating funds. After the increase, the registered capital of Sunrise Shanghai will increase from 3 million yuan to 20 million yuan, still remaining as a wholly-owned subsidiary of the company. The company's revenue from January to September 2025 was 6.3978 million yuan, with a net profit of -1.4945 million yuan. This capital increase does not constitute a related party transaction or a major asset restructuring, and is within the approval scope of the board of directors, so shareholder approval is not required. However, there are still uncertainties and risks in the operation.