Muyuan Lin (688685.SH) plans to increase capital through photonics arithmetic to help the company achieve key technology autonomy.

Zhixin Finance and Economics APP News, Mayxin Lin (688685.SH) announced that the company plans to jointly invest with the related party Mr. Bai Bing in establishing Suzhou Lightchasing Era Venture Capital Partnership Enterprise (Limited Partnership). The proposed subscribed capital of Lightchasing Era is RMB 201 million to 311 million, of which the company will contribute RMB 200 million to 310 million in cash, holding approximately 99.50% of the shares of Lightchasing Era; Mr. Bai Bing will contribute RMB 1 million in cash, holding approximately 0.50% of the shares of Lightchasing Era. Lightchasing Era will appoint the general partner, Mr. Bai Bing, as the executing partner to carry out partnership affairs, with the company as the limited partner. After the establishment of Lightchasing Era, it plans to increase its capital by RMB 201 million to 311 million in Photon Arithmetic (Nanjing) Technology Co., Ltd. Lightchasing Era will hold equity in Photon Arithmetic, but will not have controlling rights over it.