松发股份：增加募投主体及地点，拟向全资孙公司增资4.32亿元

Core Viewpoint - The company has utilized 88.96% of the net proceeds of 3.932 billion yuan raised previously, as of October 31, 2025 [1] Group 1 - The company has approved the addition of Hengli Shipbuilding and its subsidiary as the implementation entity for the "Hengli Heavy Industry Group Co., Ltd. International Ship Research and Design Center Project (Phase I)" [1] - Shanghai has been added as an implementation location for the project, with no changes to the fundraising amount or purpose [1] - The company plans to increase capital by 432 million yuan to its wholly-owned subsidiary Hengli Shipbuilding, with a paid-in registered capital of 400 million yuan, pending shareholder approval [1]