iRay Technology (688301.SH) plans to invest 40 million yuan in its holding subsidiary Yirui Power to promote the development of the core components of the digital X-ray imaging industry chain.

iRay Technology (688301.SH) announced that the company plans to increase the capital of its holding subsidiary, Yirui Power Technology (Shanghai) Co., Ltd. (referred to as "Yirui Power"), using its own funds. The company will invest 40 million yuan in cash to subscribe for an additional registered capital of 515.12 million yuan for Yirui Power. After the capital increase, the registered capital of Yirui Power will increase from 18.0293 million yuan to 23.1806 million yuan, and the company's shareholding in Yirui Power will increase from 50.2% to 61.27% (hereinafter referred to as "this capital increase"). This capital increase is beneficial for promoting the development of the company's digital X-ray imaging core component industry chain, optimizing and improving the company's supply chain vertical integration, promoting technological innovation at the bottom level, consolidating and enhancing the company's core competitiveness, and meeting the company's future strategic development needs.