Shenzhen Dynanonic (300769.SZ) holding subsidiary Defang Creative Domain intends to increase capital and shares, as well as introduce strategic investors.

Shenzhen Dynanonic (300769.SZ) announced that in order to promote the long-term healthy development of its holding subsidiary Shenzhen Defang Chuangyu New Energy Technology Co., Ltd. ("Defang Chuangyu"), and enhance the comprehensive strength of Defang Chuangyu, Defang Chuangyu has introduced strategic investors Shenzhen Guoxin Yihhe Emerging Industry Private Equity Investment Fund Partnership Enterprise (Limited Partnership) ("Yihhe Fund") and Zhaoyin (Hubei) Intelligent Manufacturing Industry Fund Partnership Enterprise (Limited Partnership) ("Zhaoyin International") through capital increase and expansion. Existing shareholders of Defang Chuangyu, BEST GLOBAL CAPITAL PTE LIMITED ("BEST GLOBAL CAPITAL") and Shenzhen Wanyi Investment Development Co., Ltd. ("Wanyi Investment"), will also participate in the capital increase. The total amount of this capital increase is RMB 147 million. After the completion of this capital increase, the registered capital of Defang Chuangyu will increase from RMB 78.4024 million to RMB 84.7854 million. This capital increase is in line with Defang Chuangyu's overall strategic development plan, which will help to supplement the funds needed for its business development, accelerate the exploration in the field of new energy advanced materials, continuously enhance its research and development capabilities, further improve its competitive advantages, promote its rapid and stable development, and achieve the long-term strategic development goals of the company and Defang Chuangyu.