Hongtian Co., Ltd. announced that Hongtian Research Institute, a wholly-owned subsidiary of the company, plans to invest a total of 265 million yuan through cash capital increases, share transfers, and partnership shares to directly and indirectly hold 51% of Guoxing Intelligence's shares and control 62.87% of its voting rights. Guoxing Intelligence will become the company's holding subsidiary and be included in the scope of the consolidated statement. The matter still needs to be submitted to the company's shareholders' meeting for consideration. At the same time, the meeting reviewed and passed a bill to change the registered address, office address, and amend the company's articles of association. The relevant matters also need to be reviewed by the shareholders' meeting. The company plans to hold the 3rd Extraordinary General Meeting of Shareholders in 2026 on September 10, 2026.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.