Tianqi Co., Ltd. announced that it plans to introduce Xinxingqi, Ningbo Cinda, and Shenzhen Tianyi as a wholly-owned subsidiary of Jiangxi Tianqi Jintaige Cobalt Co., Ltd. through capital increases and stock expansion. The three parties have pledged 100 million yuan, 100 million yuan, and 10 million yuan respectively, and the company relinquishes priority subscription rights. After the capital increase is completed, the company's shareholding ratio will be reduced from 100% to 86.54%, and Tianqi Jintaige is still a subsidiary within the scope of the company's consolidated statements. The deal has been reviewed and approved by the board of directors.

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