SHBT(SH:603009) Shang Hai Zheng Quan Bao·2025-09-19 19:36Overview - The company plans to increase capital by RMB 150 million to its wholly-owned subsidiary, North Special Singapore Investment Co., Ltd. [2][3] - 99% of the capital increase will be allocated to North Special Singapore Technology Co., Ltd., which will then fully invest in North Special Technology (Thailand) Co., Ltd. [2][3] - The remaining 1% will be directly invested by North Special Singapore Investment into the Thailand company [2][3] Capital Increase Details - The capital increase amount is RMB 150 million, which will be converted into local currencies based on the current exchange rates [3] - After the capital increase, the registered capital of North Special Singapore Investment is expected to rise from 1 SGD to approximately 27.045 million SGD [3] - North Special Singapore Technology's registered capital is expected to increase from 1 SGD to approximately 26.7746 million SGD [3] - The registered capital of the Thailand company is expected to increase from 4 million THB to approximately 672.54 million THB [3] Board Approval - The capital increase was approved during the 23rd meeting of the company's fifth board of directors held on September 19, 2025, and does not require shareholder approval [5][6] Subsidiary Information - The subsidiaries involved in the capital increase are North Special Singapore Investment, North Special Singapore Technology, and North Special Technology (Thailand) [7] - Both North Special Singapore Investment and North Special Singapore Technology are newly established companies and have not yet generated economic benefits [8][9] - North Special Technology (Thailand) is a newly established company that has not yet commenced production and has not generated economic benefits [10] Impact of Capital Increase - The capital increase is expected to enhance the subsidiaries' liquidity and operational capabilities, supporting their daily operations and business expansion [11] - This move aligns with the company's strategic planning and long-term interests [11] - The capital increase will not affect the company's consolidated financial statements or operational status negatively [11]