KDXC(SZ:002669) Zheng Quan Zhi Xing·2025-07-09 16:23Overview - The company, Kangda New Materials (Group) Co., Ltd., is conducting a capital increase for its wholly-owned subsidiary, Chengdu Kangda Jinrui Technology Co., Ltd., to meet operational funding needs and enhance capital strength [1][12]. Capital Increase Details - The total capital increase amounts to RMB 116.67 million, with Tianjin Tangkong Kechuang Group Co., Ltd. contributing RMB 66.67 million for a 40% stake, and Shanghai Fengfan Jingying Industrial Material Supply Co., Ltd. contributing RMB 50 million for a 30% stake [1][9]. - After the capital increase, the registered capital of Kangda Jinrui will rise from RMB 50 million to RMB 166.67 million [2][12]. Related Party Transactions - Both investors are related parties, as Tangkong Kechuang is controlled by the company's major shareholder, Tangshan Industrial Holding Group Co., Ltd., and Fengfan Jingying is a wholly-owned subsidiary of Tangshan Industrial Holding Group [2][12]. - The board of directors approved the transaction, with related directors abstaining from voting, and independent directors held a special meeting to agree on the transaction [2][12]. Financial Impact - The capital increase will not significantly impact the company's financial status or operating results, as Kangda Jinrui will no longer be included in the consolidated financial statements after the company waives its preemptive rights [12]. - The transaction pricing is deemed fair and does not harm the interests of minority shareholders [12]. Independent Review - The independent directors unanimously agreed to the proposal, stating it aligns with the company's strategic development needs and optimizes asset structure and resource allocation [12].