Feymer(SH:688350) Zheng Quan Zhi Xing·2025-08-29 17:03Core Viewpoint - Jiangsu Fumiao Technology Co., Ltd. is introducing a strategic investor through capital increase and share expansion of its wholly-owned subsidiary, Anhui Fumiao, to optimize its shareholder structure and support long-term strategic development [1][9]. Group 1: Transaction Overview - Anhui Fumiao, a wholly-owned subsidiary of Jiangsu Fumiao, plans to raise capital by introducing Anqing Yihong Venture Capital Partnership as a strategic investor, contributing RMB 40 million for a 16.67% equity stake [2][4]. - After the transaction, Jiangsu Fumiao's ownership in Anhui Fumiao will decrease from 100% to 83.33%, maintaining control over the subsidiary [2][4]. - The capital raised will be used for the ongoing construction and future business development of Anhui Fumiao's project [2][9]. Group 2: Financial and Structural Details - The registered capital of Anhui Fumiao will increase from RMB 200 million to RMB 240 million post-transaction [6]. - The financial data for Anhui Fumiao shows total assets of approximately RMB 573.41 million and total liabilities of about RMB 411.78 million for the first half of 2025 [5]. - The net profit for the first half of 2025 was a loss of approximately RMB 1.24 million, indicating ongoing financial challenges [5]. Group 3: Approval and Compliance - The transaction has been approved by the board of directors and requires further approval from the shareholders' meeting [10][11]. - The independent directors have unanimously agreed that the transaction aligns with the company's long-term strategic goals and does not harm the interests of shareholders, particularly minority shareholders [9][10]. - The pricing of the transaction is deemed fair and reasonable, following necessary legal and regulatory requirements [6][11].