Menovo(SH:603538) Ge Long Hui A P P·2025-11-12 09:32Core Viewpoint - Meihua (603538.SH) announced a capital increase of 297 million RMB for its wholly-owned subsidiary Xuancheng Meihua to enhance production scale and optimize its industrial structure, promoting high-quality development [1] Group 1: Capital Increase Details - The capital increase will raise Xuancheng Meihua's registered capital from 196 million RMB to 384 million RMB at a price of 1.58 RMB per registered capital [1] - After the capital increase, the company will hold a 51% stake in Xuancheng Meihua, while Anhui Meihua will hold 49% [1] Group 2: Strategic Implications - The capital increase aligns with the company's overall strategic planning and aims to expand the operational scale of Xuancheng Meihua [1] - The decision to waive the preemptive subscription rights was made based on a comprehensive assessment of business strategy, capital efficiency, and potential investment needs, ensuring no harm to the interests of the company or its shareholders, especially minority shareholders [1] - Xuancheng Meihua will remain a controlled subsidiary within the company's consolidated financial statements, with no changes to the scope of consolidation [1]