Dongyang Guang: Holding subsidiary increases capital and expands shares, introducing 490 million yuan of external investment.

Dongyang announced that its holding subsidiary, Shenzhen Dongyangguanghuacheng Aluminum Foil Co., Ltd., plans to increase its registered capital by 81.667 million yuan, with China Great Wall Asset Management Co., Ltd. subscribing for the full amount with 490 million yuan, the company waives its preemptive rights. After the capital increase is completed, the company's shareholding ratio will decrease from 100% to 85.96%, still remaining the controlling shareholder. This transaction does not constitute a related party transaction or a major asset restructuring, has been approved by the company's board of directors, and does not need to be submitted to the shareholder meeting for approval. The transaction will enhance the subsidiary's capital strength, optimize its structure, and is in line with the company's strategy and shareholder interests.