Sunwoda announced that the company's subsidiary Sunwoda Power Technology Co., Ltd. plans to carry out a C+ round of capital increase and share expansion, introducing Sunshine Power Co., Ltd. and Tianqi Lithium Co., Ltd. to invest a total of 805 million yuan to subscribe to Sunwoda Power for 425 million yuan in additional registered capital, corresponding to 2.93% of the shares. After this capital increase, the company's shareholding ratio in Sunwoda Power will drop from 27.18% to 26.38%, and Sunwoda Power is still a subsidiary within the scope of the company's consolidated statements. The matter was reviewed and approved by the 29th meeting of the sixth board of directors of the company on July 24, 2026. The investors intend to sign a “Capital Increase Agreement” with Sunwoda Dynamics and its controlling shareholders and actual controllers.

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