Capital Stock (600860.SH) fully-owned subsidiary Tianhai Hydrogen Energy plans to increase capital and expand stocks to bring in investors.

Information from the Zhitong Finance APP, Beijing Capital Stock (600860.SH) issued an announcement. In order to meet the needs of business development, promote equity diversification and market-oriented governance structure, the company's subsidiary, Tianhai Hydrogen Energy, plans to increase capital and expand shares by publicly listing on the Beijing Property Rights Exchange to attract investors. The increase in capital price will not be lower than the evaluated result filed, and the amount of capital increase will not exceed 300 million yuan. After this capital increase and share expansion is completed, Tianhai Hydrogen Energy will become a subsidiary controlled by the company, and will not change the company's consolidated financial statements. The final transaction result of this capital increase and share expansion will be determined based on the actual situation of investor solicitation on the Beijing Property Rights Exchange.