LianChuang Electronic Technology (002036.SZ) brings in investors to increase capital for its subsidiary Hefei Zhixing by 100 million yuan, strengthening the strategic layout of its in-vehicle optical business.

Lianchuang Electronic Technology (002036.SZ) announced that, in view of the company's operational and developmental needs, the company has introduced an investor, Guangdong Rongchuang Lingyue Intelligent Manufacturing and Information Technology Industry Equity Investment Fund Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Rongchuang Lingyue"), to increase the capital of its wholly-owned subsidiary, Hefei Zhixing Optoelectronics Co., Ltd. (hereinafter referred to as "Hefei Zhixing"). Rongchuang Lingyue will contribute 100 million yuan in cash to subscribe to an additional 100 million yuan in registered capital of Hefei Zhixing. After the capital increase, the registered capital of Hefei Zhixing will change from 200 million yuan to 300 million yuan. The legal representative, registered address, and business scope remain unchanged. Rongchuang Lingyue will hold 33.3333% of the registered capital of Hefei Zhixing after the capital increase is completed. Hefei Zhixing is a subsidiary of the company, and the company waives its preemptive subscription rights for the new registered capital in this round of capital increase. The announcement states that, in order to seize the current rapid industry opportunities, strengthen the strategic layout of the company's automotive optical business, and enhance the core competitiveness of products, in conjunction with the company's overall development plan, the company, as the original shareholder of Hefei Zhixing, waives its preemptive subscription rights for this capital increase and introduces a strategic investor. This capital increase will not result in the company losing control of Hefei Zhixing and will not have a significant impact on the company's financial condition and operational results.