浙江万盛股份有限公司 关于对全资子公司增资的公告

Core Viewpoint - The company plans to increase capital in its wholly-owned subsidiaries, Shandong Wansheng New Materials Co., Ltd. and Shanghai Xinhongsheng New Materials Co., Ltd., to enhance their operational capabilities and support business development [2][3]. Summary by Sections Capital Increase Overview - The company intends to invest CNY 950 million (approximately USD 135 million) in Shandong Wansheng and CNY 20 million (approximately USD 2.9 million) in Shanghai Xinhongsheng, aimed at supplementing their working capital and enhancing development capabilities [3][5]. - The capital increase will be fully allocated to capital reserves, and the registered capital of both subsidiaries will remain unchanged [3][4]. Investment Targets - Shandong Wansheng New Materials Co., Ltd. was established in 2020 and is located in Weifang, Shandong Province, primarily engaged in the manufacturing of chemical raw materials and products [5]. - Shanghai Xinhongsheng New Materials Co., Ltd. was established in 2021 and is located in Shanghai, focusing on technology promotion and service [5]. Impact on the Company - The capital increase is aligned with the company's operational needs and strategic development, and it will not change the scope of the consolidated financial statements [9][4]. - The company will maintain direct control over the subsidiaries, which is expected to improve management efficiency and resource integration [26][9].