Zhitong Finance App News, Xinhai Technology (688595.SH) announced that the company plans to subscribe for 750,000 shares of Shenzhen Kaihong Hardware Ecological Technology Co., Ltd. (“Kaihong Hardware”) for 750,000 yuan. After the capital increase is completed, the company will hold 15% of Kaihong Hardware's shares. Meanwhile, Lu Guojian, the controlling shareholder and actual controller of the company, plans to participate in this capital increase and subscribe for 1.8 million shares of Kaihong Hardware for 1.8 million yuan. After the capital increase is completed, Lu Guojian will hold 36% of Kaihong Hardware's shares.

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