YONGTAI TECH.(SZ:002326) Shang Hai Zheng Quan Bao·2025-04-06 18:27Group 1 - The company held its 20th meeting of the 6th Board of Directors on April 2, 2025, where all 9 directors were present and unanimously approved the proposal to increase the registered capital of its wholly-owned subsidiary [2][6] - The registered capital of Inner Mongolia Yongtai Chemical Co., Ltd. will be increased by 60 million RMB, from 69.1 million RMB to 129.1 million RMB, to support its business development needs [7][10] - The capital increase does not require approval from the shareholders' meeting and is not classified as a related party transaction or a major asset restructuring [7][10] Group 2 - Inner Mongolia Yongtai Chemical Co., Ltd. was established on October 22, 2019, with a registered capital of 69.1 million RMB, and operates in the production and sale of chemical products [8] - The company has previously increased the registered capital of Inner Mongolia Yongtai by 10 million RMB in January 2025, raising it from 59.1 million RMB to 69.1 million RMB [9] - The purpose of the capital increase is to optimize the financial structure and reduce the debt-to-asset ratio of Inner Mongolia Yongtai, aligning with the company's future strategic development plans [10] Group 3 - The controlling shareholder, Wang Yingmei, has pledged part of her shares and also released some shares from pledge, with no current risk of margin calls or changes in control of the company [13][14] - The company will continue to monitor the pledge situation and related risks, ensuring compliance with disclosure obligations [14]