Dongjiang Environmental (00895) plans to invest up to 12 million yuan to subscribe for up to 4% of equity of Genus Tech.

Dongjiang Environmental (00895) announced that, in order to expand the company's business scope and seize the opportunities in the development of the artificial intelligence industry, the company plans to participate in the capital increase and expansion of Guangdong Jushen Intelligent Technology Co., Ltd. (hereinafter referred to as "Jushen Intelligent") through public bidding, intending to invest no more than RMB 12 million to subscribe for up to 4% of the equity of Jushen Intelligent (specific amount of capital increase and shareholding ratio will be determined based on the final bidding results). The company's participation in the capital increase and expansion of Jushen Intelligent is in line with the company's business philosophy of continuously improving operational efficiency through digitalization and intelligence. It also aligns with the company's strategic positioning to accelerate the development into an excellent integrated environmental services provider and a leading enterprise in the resource recycling industry. This move will enable the company to integrate into the provincial industrial innovation ecosystem, fully leverage its shareholder resources, and participate in the construction of training facilities to bridge the "technology-scene-application" loop, providing a strategic pivot for the company's digital transformation in the environmental protection business.