The Board of Directors and all directors of the company guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content.
Securities Code: 300926
Securities Abbreviation: Bojun Technology
Announcement No.: 2026-017
Announcement on Capital Increase of Wholly-Owned Subsidiaries through Debt-to-Equity Conversion
Jiangsu Bojun Industrial Technology Co., Ltd. (hereinafter referred to as "the Company") held the 24th meeting of the 5th Board of Directors on March 30, 2026, and approved the proposal regarding the capital increase of wholly-owned subsidiaries through debt-to-equity conversion. The specific circumstances are announced as follows:
I. Overview of the Capital Increase
To optimize the asset-liability structure of the Company's wholly-owned subsidiaries, the Company intends to increase capital through debt-to-equity conversion as follows:
- Increase of RMB 50 million for Chongqing Bojun Industrial Technology Co., Ltd. (hereinafter referred to as "Chongqing Bojun")
- Increase of RMB 130 million for Chengdu Bojun Technology Co., Ltd. (hereinafter referred to as "Chengdu Bojun")
- Increase of RMB 100 million for Chongqing Bojun Automotive Technology Co., Ltd. (hereinafter referred to as "Chongqing Bojun Technology")
- Increase of RMB 120 million for Jinhua Bojun Automotive Parts Co., Ltd. (hereinafter referred to as "Jinhua Bojun")
After the capital increase, the registered capital of Chongqing Bojun will increase from RMB 15 million to RMB 20 million, Chengdu Bojun from RMB 2 million to RMB 15 million, Chongqing Bojun Technology from RMB 5 million to RMB 15 million, and Jinhua Bojun from RMB 3 million to RMB 15 million. After the capital increase, Chongqing Bojun, Chengdu Bojun, Chongqing Bojun Technology, and Jinhua Bojun will all remain wholly-owned subsidiaries of the Company, with the Company holding 100% equity in each. According to the "Shenzhen Stock Exchange GEM Stock Listing Rules" and the "Articles of Association," this capital increase does not constitute a related party transaction and does not constitute a major asset reorganization as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
This capital increase falls within the approval authority of the Board of Directors and does not require submission to the shareholders' meeting for deliberation.
II. Basic Information of the Capital Increase Targets
(1) Chongqing Bojun Industrial Technology Co., Ltd.
- Basic Information of the Capital Increase Target
- Company Name: Chongqing Bojun Industrial Technology Co., Ltd.
- Company Type: Limited Liability Company (Wholly Owned by Legal Person)
- Unified Social Credit Code: 91500115MA5UB7M45C
- Company Address: No. 7, Huazhong 2nd Road, Yanjia Street, Changshou District, Chongqing
- Legal Representative: Wu Yalin
- Registered Capital: RMB 15 million
- Date of Establishment: January 23, 2017
- Business Scope:
- Permitted Projects: Road freight transport;
- Production: Automotive parts, assemblies, sheet metal parts, hardware accessories, metal materials;
- Manufacturing: Automotive molds, fixtures, inspection tools, hardware molds, plastic product components, plastic product molds, automation equipment (projects requiring approval must be conducted after approval by relevant departments, specific business projects are subject to relevant approval documents or permits).
- General Projects: R&D, design, and transfer of automotive and automotive system technologies; processing and sales of automotive parts, assemblies, sheet metal parts, hardware accessories, metal materials; parts coating; design and sales of automotive molds, fixtures, inspection tools, hardware molds, plastic product components, plastic product molds, automation equipment; import and export of goods and technologies (except for projects requiring approval, business activities can be conducted independently with a business license).