Announcement on Progress of Capital Increase and Share Expansion of Former Wholly-Owned Subsidiary and Completion of Industrial and Commercial Registration
Special Reminder: This company and all its directors guarantee the content of this announcement is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Overview of Capital Increase Matter
Jiangsu Yacoo Technologies Co., Ltd. (hereinafter referred to as the "Company" or "Yacoo Technologies") held the 17th meeting of the Sixth Board of Directors on December 31, 2025, and reviewed and approved the "Proposal on Capital Increase and Share Expansion of Wholly-Owned Subsidiary and Introduction of Investors." It was agreed that to enhance the comprehensive strength and capital capacity of the Company's former wholly-owned subsidiary, Chengdu Kemeite Specialty Gases Co., Ltd. (hereinafter referred to as "Kemeite"), and to meet the long-term capital demand for the project construction of its wholly-owned subsidiary, Inner Mongolia Kemeite Electronic Materials Technology Co., Ltd., investors, namely, China Industrial Capital Investment Fund Phase II (Beijing) Partnership (Limited Partnership) (hereinafter referred to as "Gongrong Capital") and Xingyin Financial Asset Investment Co., Ltd. (hereinafter referred to as "Xingyin Financial Investment," collectively referred to as "Investors"), will jointly inject capital into Kemeite in cash. The total capital increase amount is RMB 92,500,000.00 (hereinafter referred to as the "Transaction").