Zhitong Finance App News, Jiangsu Ning—Shanghai Expressway (00177) issued an announcement. On August 27, 2026, the 25th meeting of the 11th board of directors of the Company reviewed and approved the “Proposal on the Company's Capital Increase to Spruce Qingneng Company, a wholly-owned subsidiary.” It was agreed that Spruce Qingneng, a wholly-owned subsidiary of the Company, would increase the registered capital and amend the company's articles of association. The total amount of this capital increase is RMB 600 million, with a total investment of 5 years. It is expected that the capital increase will be RMB 40 million in 2026, and the investment plan for this year will be adjusted simultaneously. After the capital increase was completed, the registered capital of Spruce Qingneng Company increased from RMB 2 billion to RMB 2.6 billion, and the company's shareholding ratio remained 100% unchanged.

The proposed capital increase of 600 million yuan will focus on areas such as the construction of complementary benchmark projects for Yuguang and Qiguang, integrated global communication development such as service areas and ramps, upgrading and expanding the quality and capacity of deep-sea and onshore wind power, and pre-project research, R&D and operation, and liquidity supplementation.

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