Chuangli Group: Intends to increase capital of up to 160 million yuan to affiliate Quanye Technology.

date
13/11/2025
The Chuangli Group announced that, in view of the adjustment of the plan to issue A-shares of Yiyi Technology to specific parties, on November 13, 2025, the company signed the "Second Supplementary Agreement to the Share Subscription Agreement with Conditions" with Yiyi Technology. Yiyi Technology is an enterprise controlled by the actual controller of the company, Shi Liangxi. This transaction constitutes a related party transaction and does not constitute a major asset restructuring. Yiyi Technology has agreed to subscribe for the issued shares with an amount not exceeding 160 million yuan, with a maximum of 40,816,326 shares, not exceeding 30% of the total share capital before the issuance. The company intends to enhance its capital strength through this transaction, and the controlling shareholder intends to increase its actual control rights. This transaction has been approved by the Board of Directors and a special meeting of independent directors.