Xinlai Yingcai announced that Bihai Packaging Materials, a wholly-owned subsidiary of the company, plans to use its own capital of 157 million yuan to subscribe to Anpu Smart's additional registered capital of 156 million yuan. After the capital increase is completed, Bihai Packaging Materials will hold 51% of Anpu Smart's shares, and Anpu Intelligent will become a holding subsidiary of Bihai Packaging Materials and will be included in the scope of the company's consolidated statements. Currently, Bihai's production capacity is insufficient to meet market order requirements. Bihai's overall market share is low. The company is optimistic about the future development trend of the sterile packaging materials industry. The purpose of this investment is to break through the current production capacity bottleneck of the wholly-owned subsidiary Bihai Packaging Materials and quickly seize market development opportunities.

Xinlai Yingcai announced that Bihai Packaging Materials, a wholly-owned subsidiary of the company, plans to use its own capital of 157 million yuan to subscribe to Anpu Smart's additional registered capital of 156 million yuan. After the capital increase is completed, Bihai Packaging Materials will hold 51% of Anpu Smart's shares, and Anpu Intelligent will become a holding subsidiary of Bihai Packaging Materials and will be included in the scope of the company's consolidated statements. Currently, Bihai's production capacity is insufficient to meet market order requirements. Bihai's overall market share is low. The company is optimistic about the future development trend of the sterile packaging materials industry. The purpose of this investment is to break through the current production capacity bottleneck of the wholly-owned subsidiary Bihai Packaging Materials and quickly seize market development opportunities.