Securities Code: 300128
Securities Abbreviation: Jinfu Technology
Announcement Number: 2026-054
Suzhou Jinfu Technology Co., Ltd.
Announcement Regarding Proposed Capital Increase and Related Party Transaction of Subsidiary
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
I. Overview of the Transaction
- Basic Transaction Information
Suzhou Jinfu Technology Co., Ltd. (hereinafter referred to as the "Company")'s wholly-owned subsidiary, Shanghai Jinfu New Material Technology Co., Ltd. (hereinafter referred to as "Shanghai Jinfu"), plans to increase its capital and issue shares to introduce an investor, Shanghai Jinfu Private Equity Fund Partnership (Limited Partnership) (hereinafter referred to as "Jin Fu Private Equity Fund"). Jin Fu Private Equity Fund plans to inject RMB 470 million into Shanghai Jinfu. Of this amount, RMB 67,153,653.31 will be added to the registered capital, and the remainder will be added to the capital reserve. After the capital increase, the Company and Jin Fu Private Equity Fund will hold 69.0755% and 30.9245% of the equity in Shanghai Jinfu, respectively. Shanghai Jinfu will change from a wholly-owned subsidiary of the Company to a controlled subsidiary. The Company waives its preemptive subscription rights for this capital increase of Shanghai Jinfu.
The increased capital is specifically designated for the construction and operation of the "Jin Fu New Material Western Base Project."
- Explanation of Related Party Relationship
The executor of Jin Fu Private Equity Fund, the capital contributor, is Shanghai Jincheng Equity Investment Fund Management Co., Ltd. (hereinafter referred to as "Jincheng Investment"). Jincheng Investment is the executor of Taixing City Zhicheng Industrial Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Zhicheng Investment"), the controlling shareholder of the Company. According to the "Rules Governing the Listing of Stocks on the Growth Enterprise Market of the Shenzhen Stock Exchange," this transaction constitutes a joint investment with a related party and is a related party transaction.
- Approval Procedures
The Company's Seventh Board of Directors' Third (Extraordinary) Meeting held on July 27, 2026, deliberated and approved the "Proposal on the Capital Increase and Related Party Transaction of the Subsidiary." The independent directors' special meeting and the audit committee have issued their consent opinions. This transaction still requires approval from the shareholders' meeting. Related parties with conflicts of interest will abstain from voting on this related party transaction.
This capital increase and related party transaction does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
The Company will engage an auditing firm to audit the financial situation of Shanghai Jinfu for the most recent period. Upon completion of the audit, the Company will fulfill its information disclosure obligations in accordance with relevant regulations and convene a shareholders' meeting to deliberate on this capital increase transaction.