Qinshang Co., Ltd. announced that Qinshang Optoelectronics, a wholly-owned subsidiary of the company, holds 40% of the shares in the participating company Guangdong Qinshang and plans to increase Guangdong Qinshang's capital in the same proportion as Jingfeng Real Estate, the controlling shareholder of Guangdong Qinshang. Among them, Qinshang Optoelectronics plans to increase capital by no more than 20 million yuan, Jingfeng Real Estate plans to increase capital by no more than 30 million yuan, and the capital increase funds are to be installed in installments within 12 months. After this capital increase, Guangdong Qinshang's registered capital increased to 368.037,500 yuan, and the shareholders' shareholding ratio remained unchanged. This transaction constitutes a related transaction and does not constitute a major asset restructuring. It has been reviewed and approved by the company's board of directors, and still needs to be registered and filed by the industrial and commercial administration department.

Qinshang Co., Ltd. announced that Qinshang Optoelectronics, a wholly-owned subsidiary of the company, holds 40% of the shares in the participating company Guangdong Qinshang and plans to increase Guangdong Qinshang's capital in the same proportion as Jingfeng Real Estate, the controlling shareholder of Guangdong Qinshang. Among them, Qinshang Optoelectronics plans to increase capital by no more than 20 million yuan, Jingfeng Real Estate plans to increase capital by no more than 30 million yuan, and the capital increase funds are to be installed in installments within 12 months. After this capital increase, Guangdong Qinshang's registered capital increased to 368.037,500 yuan, and the shareholders' shareholding ratio remained unchanged. This transaction constitutes a related transaction and does not constitute a major asset restructuring. It has been reviewed and approved by the company's board of directors, and still needs to be registered and filed by the industrial and commercial administration department.