Wenyuan Zhixing-W issued a disclosure transaction announcement. The company signed a capital increase agreement with investors and others on October 28, 2026. The investors agreed to subscribe for Jingcan's registered capital of RMB 4 million at a total cost of RMB 70 million. The company also adopted Jingcan's equity incentive plan and awarded rewards for the first time. After the transaction is completed, the company's shares held by Jing Can will be diluted from 100% to about 67.63%, constituting the shares of a subsidiary company for sale.

Wenyuan Zhixing-W issued a disclosure transaction announcement. The company signed a capital increase agreement with investors and others on October 28, 2026. The investors agreed to subscribe for Jingcan's registered capital of RMB 4 million at a total cost of RMB 70 million. The company also adopted Jingcan's equity incentive plan and awarded rewards for the first time. After the transaction is completed, the company's shares held by Jing Can will be diluted from 100% to about 67.63%, constituting the shares of a subsidiary company for sale.