Huaqin Technology (03296) plans to invest RMB 1 billion in Jingyi Integrated

Zhitong Finance APP news, Huaqin Technology (03296) announced that the company's wholly-owned subsidiary plans to jointly increase capital in Jingyi Integrated, a wholly-owned subsidiary of Jinghe Integrated, together with Jinghe Integrated and Hefei Construction Investment at a price of RMB 1.00 per registered capital, with all parties intending to make a total capital increase of RMB 9.1 billion in cash. Among them, the company's wholly-owned subsidiary plans to contribute RMB 1 billion. Prior to this capital increase, Hefei Qinhe did not hold any equity in Jingyi Integrated; after completion of this capital increase, Hefei Qinhe will hold 9.01% equity in Jingyi Integrated.