Hangcha Group (603298.SH) subsidiary intends to increase capital and expand its shareholding to acquire 99.23% of Guozi Robot's shares.

Wisdom Financial News APP reported that Hangcha Group (603298.SH) announced that its subsidiary Zhejiang Hangcha Intelligent Technology Co., Ltd. ("Hangcha Intelligent") intends to acquire 99.23% of the shares of Zhejiang Guozi Robot Technology Co., Ltd. ("Guozi Robot" or the "Target Company") held by the related party Hangzhou Kunxia Investment Management Partnership Enterprise (Limited Partnership) ("Kunxia Investment"), Hangzhou Justar Technology Co., Ltd. ("Justar Technology"), and other transferors through capital increase and share expansion method. After the completion of this transaction, the proportion of the company's equity in Hangcha Intelligent will change from 81% to 44.28%, still making it the controlling shareholder of Hangcha Intelligent.