Richen Co., Ltd. announced that the company will hold the 7th meeting of the 4th board of directors in 2025 to review and pass a bill to increase the capital of its wholly-owned subsidiary Richen Shanghai by 17 million yuan. The capital comes from its own capital to supplement working capital. After the capital increase, the registered capital of Richen Shanghai will increase from 3 million yuan to 20 million yuan, and it is still a wholly-owned subsidiary of the company. The company's revenue from January to September 2025 was 6.3978 million yuan, and net profit - 1.494,500 yuan. This capital increase does not constitute a related transaction or major asset restructuring. Within the scope of approval by the board of directors, there is no need for shareholders' review, but there is still a risk of uncertainty about operations.

Richen Co., Ltd. announced that the company will hold the 7th meeting of the 4th board of directors in 2025 to review and pass a bill to increase the capital of its wholly-owned subsidiary Richen Shanghai by 17 million yuan. The capital comes from its own capital to supplement working capital. After the capital increase, the registered capital of Richen Shanghai will increase from 3 million yuan to 20 million yuan, and it is still a wholly-owned subsidiary of the company. The company's revenue from January to September 2025 was 6.3978 million yuan, and net profit - 1.494,500 yuan. This capital increase does not constitute a related transaction or major asset restructuring. Within the scope of approval by the board of directors, there is no need for shareholders' review, but there is still a risk of uncertainty about operations.