LFX(SH:600612) Ge Long Hui A P P·2025-09-15 09:55Core Viewpoint - The company, Lao Feng Xiang, plans to apply for certification as a gold refining enterprise with the Shanghai Gold Exchange, aiming to expand its business into gold recycling and refining services [1] Group 1: Business Strategy - Lao Feng Xiang intends to enhance its operational efficiency and business development by transitioning its jewelry research institute into a certified gold refining entity [1] - The company will increase the registered capital of its jewelry research institute from 16.15 million RMB to 50 million RMB by transferring 33.85 million RMB from surplus reserves [1] Group 2: Regulatory Compliance - According to the Shanghai Gold Exchange's latest management regulations, a refining enterprise must have a registered capital and net assets of no less than 50 million RMB [1] - The board of directors approved the capital increase to meet the certification requirements set by the Shanghai Gold Exchange [1]