岩山科技(002195.SZ)：控股子公司Nullmax(Cayman)拟启动C轮融资

Group 1 - The company, Rock Mountain Technology, announced a C-round financing plan for its subsidiary Nullmax (Cayman), with a maximum financing amount of $100 million, aiming to enhance capital strength and optimize equity structure [1] - A strategic investor, a leading domestic automotive-grade chip company, will participate in the C-round financing by investing $10 million, which will result in a pre-investment valuation of Nullmax (Cayman) at $425 million [1] - After the investment, the strategic investor will hold a 2.45% stake in Nullmax (Cayman), while the full subsidiary Ruifeng BVI's stake will decrease from 28.31% to 27.62% [1] Group 2 - Due to the requirements of the investor and considerations for Nullmax (Cayman)'s future independent listing, Ruifeng BVI terminated the proxy agreement that allowed Stonehill and Yanheng to exercise voting rights on its behalf, reducing Ruifeng BVI's voting rights from 50.20% to 28.31% [2] - Following the termination of the proxy agreement, Ruifeng BVI will no longer have control over Nullmax (Cayman), which will also be excluded from the company's consolidated financial statements [3] - The board composition of Nullmax (Cayman) will be optimized, with Xu Lei Holding Limited entitled to appoint 3 directors, Ruifeng BVI 1 director, and Stonehill 1 director, while the remaining 2 will be independent directors [2]