300575SZSE

Announcement on Capital Increase to a Subsidiary

Zhongqi Co., Ltd.··5 pages

✨ AI Summary

Jiangsu Zhongqi Technology Co., Ltd. will increase capital by RMB 60 million to its subsidiary, Anhui Ningyitai Technology Co., Ltd. The capital increase aims to support the subsidiary's expansion and enhance the company's competitiveness. This transaction is funded by internal resources and does not constitute a related party transaction or major asset restructuring.

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Full Translation

AI Translation· gemini_document

Securities Code: 300575 Securities Abbreviation: Zhongqi Shares Announcement No.: 2026-006

Jiangsu Zhongqi Technology Co., Ltd. Announcement on Capital Increase to a Subsidiary

The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.

Jiangsu Zhongqi Technology Co., Ltd. (hereinafter referred to as the "Company") held the fifteenth meeting of the fourth board of directors on March 20, 2026. The meeting reviewed and approved the "Proposal on Capital Increase to a Subsidiary," agreeing to the company's capital increase to its subsidiary Anhui Ningyitai Technology Co., Ltd. (hereinafter referred to as "Anhui Ningyitai"). The details are as follows:

I. Overview of the Capital Increase

(I) Basic Situation of the Transaction

Based on the overall development strategy of Anhui Ningyitai and to better promote business development, the two shareholders of Anhui Ningyitai have, after negotiation, agreed to increase capital to Anhui Ningyitai in cash at a price of RMB 1 per RMB 1 of registered capital. After the capital increase, the registered capital of Anhui Ningyitai will increase from RMB 45,000 million to RMB 51,000 million, with a total increase of RMB 6,000 million. Among them, the company will subscribe for RMB 58.20 million of registered capital, and Jiangsu Yisite Investment Management Co., Ltd. (hereinafter referred to as "Jiangsu Yisite") will subscribe for RMB 1.80 million of registered capital. Upon completion of this capital increase, Anhui Ningyitai will remain a subsidiary within the scope of the company's consolidated financial statements.

(II) Approval Procedures

The above matter was reviewed and approved at the fifteenth meeting of the fourth board of directors held on March 20, 2026. The details can be found in the announcement published on the same day on the information disclosure website of Juchao Information Network (http://www.cninfo.com.cn).

(III) This Capital Increase Does Not Constitute a Related Party Transaction or Major Asset Restructuring. According to the "Shenzhen Stock Exchange GEM Stock Listing Rules," "Articles of Association," and other relevant regulations, this matter falls within the scope of the board of directors' approval authority and does not require submission to the company's shareholders' meeting for deliberation.

II. Basic Information of the Counterparty

Company Name: Jiangsu Yisite Investment Management Co., Ltd. Company Address: Building 1, No. 2, Zidong Road, Qixia District, Nanjing City Establishment Date: November 18, 2015 Registered Capital: RMB 10 million Controlling Shareholder: Wang Chuanliang Legal Representative: Wang Chuanliang Main Business: Investment management and consulting; investment information consulting; economic information consulting; sales, maintenance of refrigeration and air conditioning equipment; electromechanical engineering design, construction, maintenance, and integration services; sales of electrical equipment. (Projects subject to approval according to law shall be approved by relevant departments before commencing operations) Credit Status: Not a dishonest person subject to enforcement. Relationship Disclosure: Not a related party to the company.

III. Basic Information of the Capital Increase Target

(I) Basic Information

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