Siles: Holding subsidiary Siles Automobile completes strategic capital increase of 5 billion yuan.

date
25/06/2025
Sylas announced that its controlling subsidiary Sylas Automotive has completed the introduction of strategic investors, and completed the registration capital change on June 23, 2025. The total amount of capital increase does not exceed 5 billion yuan, and the investors include institutions such as ICBC, CCB, and ABC Financial. After the capital increase, Sylas remains the controlling shareholder of Sylas Automotive and effectively controls the company. This capital increase does not constitute a related party transaction or a major asset restructuring, and has been reviewed by the company's board of directors without the need to submit it to the shareholders' meeting.