Golden Emperor shares: signed an industrial project investment contract with the government of Bishan District for no less than 1.5 billion yuan.

announced on the evening of July 16 that in order to expand the market for new energy electric drive fixed rotor products in the southwestern region, the company plans to increase its capital to Hainan Jinhaihui Investment Co., Ltd. using its own funds or self-raised funds. The increased capital will all be included in the registered capital. After the capital increase is completed, Jinhaihui will establish a subsidiary, Boyuan Chongqing, in Chongqing. The company signed an "Industrial Project Investment Contract" with the People's Government of Bishan District, Chongqing, with a total investment of not less than 15 billion yuan, including fixed asset investment not less than 12.5 billion yuan, and other investments not less than 2.5 billion yuan. The project will be implemented in two stages using the "lease first, build later" method.