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According to the announcement of Guangdong Special Materials, the company plans to increase the capital of Jiangsu Duowei Technology Co., Ltd. with its own capital of 30 million yuan at a price of 12 yuan per share and subscribe for 2.5 million additional shares, accounting for 0.4097% of its total share capital after the capital increase is completed. This investment is a financial investment. It does not seek control over the target and does not participate in daily operations. Since Yicheng Investment controlled by Xu Weiming, the company's actual controller and chairman, is an existing shareholder of Duowei Technology, this transaction constitutes a related transaction. It has been reviewed and approved by the company's board of directors, and there is no need to submit it to the shareholders' meeting for review.
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According to the announcement of Guangdong Special Materials, the company plans to increase the capital of Jiangsu Duowei Technology Co., Ltd. with its own capital of 30 million yuan at a price of 12 yuan per share and subscribe for 2.5 million additional shares, accounting for 0.4097% of its total share capital after the capital increase is completed. This investment is a financial investment. It does not seek control over the target and does not participate in daily operations. Since Yicheng Investment controlled by Xu Weiming, the company's actual controller and chairman, is an existing shareholder of Duowei Technology, this transaction constitutes a related transaction. It has been reviewed and approved by the company's board of directors, and there is no need to submit it to the shareholders' meeting for review.
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