Pullet: The company waives the subsidiary's right of first refusal to increase capital and expand shares.
Plite announced that its holding subsidiary, Guangdong Haisida Nanxing Technology Co., Ltd., has introduced strategic investors Yangzhou Xingjian Equity Investment Partnership Enterprise and Guangzhou Baiyun New Energy Venture Capital Fund Partnership Enterprise. According to the Shareholders Agreement, Xingjian Fund will increase the registered capital by RMB 3.267 million in cash, with Xingjian Fund subscribing RMB 98 million, and the remaining subscription amount (excluding the increased registered capital) will be included in the capital reserve of the target company, corresponding to a 13.48% equity stake in Haisida Nanxing after this transaction. The New Energy Fund will increase the registered capital by RMB 933,000 in cash, with New Energy Fund subscribing RMB 28 million, and the remaining subscription amount (excluding the increased registered capital) will be included in the capital reserve of the target company, corresponding to a 3.85% equity stake in Haisida Nanxing after this transaction.
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