Zhongji vehicles: plan to increase capital of 100 million yuan for the wholly-owned subsidiary to enhance the supply capability of the "Starlink" walking mechanism modules.

Zhongji Vehicles announced on November 13th that the company plans to increase its investment in Jiangsu Baojing Automotive Parts Co., Ltd. by 100 million yuan. The increased capital will be used to enhance the supply capacity of the "Only Star Chain" walking mechanism module. After the capital increase, Jiangsu Baojing's registered capital will increase from 115 million yuan to 215 million yuan, remaining a wholly-owned subsidiary of the company.