Jinchen Co., Ltd. announced that the company previously considered increasing capital to Jinchen Singapore by using a foreign currency equivalent of 18.931.1 million yuan to implement the “Malaysian Production Base Project” with actual payment and capital increase to Jinchen Malaysia. Recently, the company has completed relevant formalities, including obtaining the “Overseas Investment Project Filing Notice” from the Liaoning Provincial Development and Reform Commission and the “Overseas Investment Certificate for Enterprises” from the Provincial Department of Commerce, and completed the change procedures between Jinchen Singapore and Jinchen Malaysia. Jinchen Singapore's registered capital increased to US$27.64.29 million. Jinchen Malaysia's registered capital reached RM112.1592 million, and the company's indirect shareholding was 100%.

Jinchen Co., Ltd. announced that the company previously considered increasing capital to Jinchen Singapore by using a foreign currency equivalent of 18.931.1 million yuan to implement the “Malaysian Production Base Project” with actual payment and capital increase to Jinchen Malaysia. Recently, the company has completed relevant formalities, including obtaining the “Overseas Investment Project Filing Notice” from the Liaoning Provincial Development and Reform Commission and the “Overseas Investment Certificate for Enterprises” from the Provincial Department of Commerce, and completed the change procedures between Jinchen Singapore and Jinchen Malaysia. Jinchen Singapore's registered capital increased to US$27.64.29 million. Jinchen Malaysia's registered capital reached RM112.1592 million, and the company's indirect shareholding was 100%.