Wefine Electronics: Increase capital to holding subsidiary by 20 million yuan.

date
22/05/2025
Weifeng Electronics announcement: In order to meet the daily operational development needs of its holding subsidiary, Dongguan Weikang Automotive Electronics Co., Ltd., and to improve the overall operational capabilities and industry competitiveness, the company will use its own funds of 20 million yuan to increase its capital. After the capital increase is completed, Weikang Automotive's registered capital will increase from 20 million yuan to 40 million yuan, and the company's shareholding ratio will increase from 60% to 80%. This capital increase will not lead to changes in the company's consolidated financial statements and will not have any adverse effects on the company's normal production and operations.