Heng Gong Precision (301261.SZ): Hengsheng Technology plans to increase capital by 32.2 million yuan for its subsidiary Heng Gong Wei Chuang.

The Zhichuan Financial APP News reported that Henggong Precision (301261.SZ) announced that the company and its wholly-owned subsidiary Henggong Weichuang Intelligent Technology (Shanghai) Co., Ltd. (referred to as "Henggong Weichuang") intends to sign a "Capital Increase and Equity Expansion Agreement" with Shanghai Hengsheng Intelligent Technology Partnership Enterprise (Limited Partnership) (referred to as "Hengsheng Technology"). Hengsheng Technology will use its own funds of 32.2 million yuan to increase the capital of Henggong Weichuang, accounting for 34.92% of the registered capital. After the capital increase, Henggong Weichuang will still be a subsidiary controlled by the company.