Zhuoyi Technology (002369.SZ) plans to establish a subsidiary and introduce investors to increase capital by 98 million yuan

According to the Zhitong Finance App, Zhuoyi Technology (002369.SZ) announced that the company plans to invest in the establishment of a wholly-owned subsidiary Zhuoyi Intelligent Manufacturing (Jiangxi) Technology Co., Ltd. (tentative name, “target company”), with a registered capital of 102 million yuan, and 100% of the company's shares. After the establishment of the target company, it is proposed to introduce the Fengcheng Jianyi Industry Guidance Fund Investment Center (limited partnership) (“investor”) to increase the capital and expand the shares of the target company, increasing the capital amount by 98 million yuan.

After the capital increase was completed, the registered capital of the target company was 200 million yuan. The company held 51% of the target company's shares, and the investors held 49% of the target company's shares. The target company was still included in the scope of the company's consolidated statements. The investment aims to improve operational efficiency, reduce costs and increase efficiency, which is conducive to consolidating the company's core competitiveness and building a more competitive global consumer electronics brand.