Lopal Tech (02465.HK) plans to reduce the capital of its wholly-owned subsidiaries Hubei Lugua, Boyuan Catalysis, and Tianlan Intelligent.

Zhito Finance APP News, Longpan Technology (02465.HK) has announced that Jiangsu Longpan Technology Group Co., Ltd. (hereinafter referred to as the "Company") intends to reduce the capital of its wholly-owned subsidiaries Hubei Lugua Biotechnology Co., Ltd. (hereinafter referred to as "Hubei Lugua"), Jiangsu Boyuan Catalytic Technology Co., Ltd. (hereinafter referred to as "Boyuan Catalytic"), and Jiangsu Tianlan Intelligent Equipment Co., Ltd. (hereinafter referred to as "Tianlan Intelligent"). After the completion of this capital reduction, the registered capital of Hubei Lugua will be reduced from 100 million yuan to 56 million yuan, the registered capital of Boyuan Catalytic will be reduced from 100 million yuan to 43.6 million yuan, and the registered capital of Tianlan Intelligent will be reduced from 200 million yuan to 20 million yuan. The Company will still hold 100% equity in Hubei Lugua, Boyuan Catalytic, and Tianlan Intelligent.