Zhongfu Technology announced that Zhongfu Zhengyuan, a wholly-owned subsidiary of the company, plans to increase its registered capital from 100 million yuan to 400 million yuan and complete the capital increase in three phases, including a total capital increase of 104 million yuan, and the Hefei SDIC Emerging Industry Fund and other investors to increase capital by a total of 196 million yuan. After the first phase of the capital increase was completed, the company held 51% of Zhongfu Zhengyuan's shares, and the Emerging Industry Fund and other investors held 49% of the shares. The acquisition capital was 1 billion yuan, raised through a combination of own capital, external institutional investment, and bank mergers, acquisitions and loans. The matter was reviewed and approved by the 20th meeting of the fourth board of directors of the company.

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