Zhuoyi Technology Plans to Set Up Subsidiary with 102 Million Yuan and Introduce Investor to Inject 98 Million Yuan

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Zhuoyi Technology announced plans to invest in establishing a wholly-owned subsidiary, Zhuoyi Intelligent Manufacturing Jiangxi Technology Co., Ltd., with a registered capital of 102 million yuan, comprising 42 million yuan in cash and 60 million yuan in fixed assets, with the company holding a 100% stake. After the target company is established, it plans to introduce Fengcheng Jianyi Industrial Guidance Fund Investment Center Limited Partnership to increase its capital and expand its shares, with an injection amount of 98 million yuan. Upon completion of the capital increase, the registered capital of the target company will rise from 102 million yuan to 200 million yuan, with the company holding a 51% equity stake and the investor holding 49%, while the target company remains within the company's consolidated reporting scope. The company stated that this external investment is a prudent decision based on factors such as operating costs and locational advantages, which will help strengthen core competitiveness and build a more competitive global consumer electronics brand.

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Shenzhen Zowee Tech Co Ltd
002369
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Plans to establish a subsidiary and introduce an investor, increasing capital and expanding shares, which strengthens core competitiveness.