FULIN Precision: Jointly increase capital to the subsidiary with CATL, reducing the shareholding ratio to 64.3653%

Fulin Precision Engineering announced that the company and CATL plan to jointly increase the capital of Fulin's holding subsidiary Jiangxi Shenghua. The company plans to convert its 500 million yuan debt in Jiangxi Shenghua into capital, subscribing to additional registered capital of 4.07 billion yuan; CATL plans to increase its capital by 7.47 billion yuan in cash, subscribing to additional registered capital of 6.07 billion yuan. After the capital increase, Jiangxi Shenghua's registered capital will increase to 28.68 billion yuan, with the company's shareholding ratio decreasing to 64.3653% and CATL's shareholding ratio increasing to 33.0000%.