Wuxi Chemical Equipment (001332.SZ) plans to increase its capital in Runyang Technology through debt-to-equity conversion.

Wuxi Chemical Equipment (001332.SZ) announced that the company plans to increase its capital in Jiangsu Runyang New Energy Technology Co., Ltd. ("Runyang Stock") through debt-to-equity conversion method. The total amount of debt-to-equity conversion is 25.69 million RMB. After the capital increase, the company indirectly holds approximately 144,510 shares of Runyang Stock through the holding platform, accounting for approximately 0.2565% of the total share capital of Runyang Stock after the conversion.