According to the Zhitong Finance App, Guangdong Special Materials (688186.SH) announced that the company plans to invest 30 million yuan in cash to increase the capital of Jiangsu Duowei Technology Co., Ltd. (“Duowei Technology”) at a price of 12 yuan per share to subscribe for 2.5 million additional shares of the target company. The total capital increase of the target company in this round was 533.354,400 yuan, corresponding to an additional share capital of 444.462 million shares. After the capital increase was completed, the total share capital of the target company was 610.201,112 million shares, and the company held 2.5 million shares of Duowei Technology, accounting for 0.4097% of its total share capital after the capital increase was completed.

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