Dongyang Fluorine, a holding subsidiary of Dongyangguang (600673.SH), plans to increase capital and expand shares and introduce investors Xingyin Investment

Zhitong Finance App News, Dongyangguang (600673.SH) announced that the company's holding subsidiary Ruyuan Dongyangguang Fluorine Co., Ltd. (“Dongyangguang Fluorine”) plans to add a registered capital of 10,888.89 million yuan. Xingyin Financial Asset Investment Co., Ltd. (“Xingyin Investment”) will fully subscribe for 700 million yuan. The company and its subsidiary Ruyuan Dongyangguang Electric Chemical Co., Ltd. relinquish the priority subscription rights for this capital increase. After the capital increase is completed, the company's direct and indirect shareholding ratio of the target company was reduced from 100% to 96.9828%. The company will continue to be the controlling shareholder of the target company and still has actual control over the target company.

This transaction is conducive to further enhancing Dongyang Fluorine's capital strength, optimizing its capital structure, reducing its balance ratio, and promoting its sustainable and high-quality development. It conforms to the company's development strategy plan and long-term interests, and conforms to the interests of all shareholders of the company. After the capital increase is completed, Dongyang Fluorine is still a holding subsidiary of the company and will not change the scope of the company's consolidated statements.