Zhitong Finance App News, Zhengdao Group (01188.HK) issued an announcement. Following the Memorandum of Understanding, the Group signed a capital increase and reduction agreement (this agreement) with Hengwan and Hengsheng New Energy (Anhui) Co., Ltd. (Hengsheng) on October 9, 2026 in order to establish long-term strategic cooperation and achieve mutual commercial benefits. According to the agreement, the Company is required to inject capital into Hengwan in cash in the agreed amount of RMB 2,095,200. The additional funds will be disbursed from the Group's internal resources. After the capital increase is completed, the Company and Hengsheng will hold approximately 52.381% and 47.619% of Hengsheng's shares respectively, while Hengsheng's equity will be diluted from 100% to approximately 47.619%. According to the agreement, Hengwan's registered capital will be reduced from RMB 210 million to RMB 4 million.

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