Changyang Technology (688299.SH) plans to subscribe for 29.9 million yuan of Hui Zhixing shares.

Smart Finance APP News, Changyang Technology (688299.SH) announced that the company plans to use its own funds of RMB 29.9 million to subscribe for 923,400 shares of Ningbo Huizhixing New Materials Technology Co., Ltd. ("Huizhixing") at a subscription price of RMB 32.38 per share. After the completion of this subscription investment, the company will hold a 1.83% stake in Huizhixing.