Jinchen Group: Inject nearly 190 million yuan to increase capital for projects in its subsidiaries and affiliated companies.

Jin Chen Corporation announced that the company previously approved the use of 189.31 million yuan equivalent in foreign currency to increase capital to Jin Chen Singapore, for the implementation of the "Malaysian Production Base Project" in Jin Chen Malaysia. Recently, the company has completed relevant procedures, including obtaining the "Notice of Overseas Investment Project Record" from the Development and Reform Commission of Liaoning Province and the "Certificate of Enterprise Overseas Investment" from the Provincial Department of Commerce, completing the change procedures between Jin Chen Singapore and Jin Chen Malaysia. The registered capital of Jin Chen Singapore has been increased to 27.64 million US dollars, and the registered capital of Jin Chen Malaysia has reached 112.16 million ringgit, with both companies holding 100% indirect shares.