Dongyang Guan: Holding subsidiary increased capital by 700 million yuan to attract Xingyin Investment, reducing its equity to 96.98%.

Dongyang Guang announced that its holding subsidiary Ruyuan Dongyang Guang Fluorine Co., Ltd. plans to increase its registered capital by 10.8889 million yuan, with Xingyin Financial Asset Investment Co., Ltd. subscribing to the full amount of 70 million yuan. The company and its subsidiary Ruyuan Dongyang Guang Electrochemical Plant have waived their priority subscription rights. After the capital increase is completed, the company's direct and indirect shareholding ratio will decrease from 100% to 96.9828%, but it will still be the controlling shareholder. This transaction does not constitute a related party transaction or a major asset restructuring, has been approved by the board of directors, and does not require shareholder approval. The transaction is beneficial for strengthening the target company's capital strength and optimizing its capital structure.