Blue Summit Biochemical: holding subsidiary increases capital and shares, company's stake decreases to 75.19%

Blue Peak Biochemical Announcement: The holding subsidiary Jiangsu Blue Peak Biotechnology Co., Ltd. intends to increase capital by 30 million yuan from one of the original shareholders, Yuanjiang Bide Chemical Co., Ltd., with 3 million yuan allocated to the registered capital and 27 million yuan allocated to capital reserves. The company and other original shareholders of Blue Peak Limited intend to abandon the priority subscription rights for the above-mentioned capital increase. After the capital increase is completed, Blue Peak Limited's registered capital will increase from 130 million yuan to 133 million yuan. The company's equity stake in Blue Peak Limited will change from 76.92% before the capital increase to 75.19%, and Blue Peak Limited will remain a subsidiary of the company.