Sichuan Jinshi Technology Co Ltd Class AWaived pre-emptive rights in associate's capital increase, leading to passive dilution of stake from 32.43% to 30.12%.

Jinshi Yayao announced that the company has waived its pre-emptive subscription rights in the current capital increase of its associate, Hangzhou Lingye Pharmaceutical Technology Co., Ltd. Lingye Pharma plans to introduce a new strategic investor, Lishui Green Industry Development Fund Co., Ltd., with a capital increase of 40 million yuan and an addition of 1.01 million yuan in registered capital. Before the capital increase, Jinshi Yayao held a 32.43% stake in Lingye Pharma. After the capital increase, its shareholding will be passively diluted to 30.12%. The company's waiver of pre-emptive subscription rights in this capital increase constitutes a related-party transaction.
Sichuan Jinshi Technology Co Ltd Class AWaived pre-emptive rights in associate's capital increase, leading to passive dilution of stake from 32.43% to 30.12%.
Sichuan Goldstone Orient New Material Equipment Co LtdLingye Pharma is receiving a 40 million yuan capital increase from a new strategic investor.
As the new strategic investor, Lishui Green Industry Development Fund is investing 40 million yuan in Lingye Pharma.