Guangzhou Guanghe Technology Co., Ltd. Announcement on Capital Increase to Wholly-Owned Subsidiary
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Overview of Capital Increase
Guangzhou Guanghe Technology Co., Ltd. (hereinafter referred to as the "Company") held the 24th meeting of the Second Board of Directors on April 29, 2026, and reviewed and approved the "Proposal on Capital Increase to Wholly-Owned Subsidiary." The details of this capital increase are as follows:
(1) The Company plans to use H-share proceeds to increase capital by USD 16 million to its wholly-owned subsidiary, Guanghe Technology (International) Co., Ltd. (hereinafter referred to as "Guanghe International"), for future strategic cooperation, investment, or acquisition opportunities.
(2) To smoothly advance the construction of the second phase of the Thailand production base, a project funded by the Company's H-share proceeds, the Company plans to increase capital by USD 80 million to its wholly-owned subsidiary, Guanghe International, using H-share proceeds. Subsequently, through Guanghe International and Delton Investment Holdings Limited (hereinafter referred to as "Guanghe Holdings"), a total capital increase of USD 80 million will be made to Delton Technology (Thailand) Co., Ltd. (hereinafter referred to as "Thailand Guanghe") according to their respective equity contribution ratios.