Xingyuan Materials: Subsidiary Dingyuan Precision increased capital by 99 million yuan, with the company's shareholding lowered to 45%.
Xingyuan Materials announced that in order to promote the development of its wholly-owned subsidiary Dingyuan Precision, it plans to introduce investors including Zeng Tao and Wu Guobiao through a capital increase and share expansion, with an investment amount of 99 million yuan. Among this, the company will partially waive its preemptive rights, injecting 44 million yuan, reducing its shareholding percentage from 100% to 45%; six investors including Zeng Tao will contribute 55 million yuan. After the capital increase, Dingyuan Precision's registered capital will increase from 1 million yuan to 100 million yuan. Since the company has signed a "Concerted Action Agreement" with all shareholders, Dingyuan Precision will still be included in the company's consolidated financial statements. This transaction does not constitute a related party transaction or a significant asset restructuring and does not require deliberation.
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