JINCHEN MACHINERY(SH:603396) Xin Lang Cai Jing·2025-12-22 20:23Core Viewpoint - The company has approved a capital increase through its wholly-owned subsidiary to its wholly-owned subsidiary for the implementation of a project in Malaysia, utilizing a total of 189.31 million RMB (approximately 2.66 million USD) for this purpose [2][3]. Group 1: Investment Details - The company will use a total of 189.31 million RMB, which includes 150 million RMB from a specific stock issuance and 39.31 million RMB from its own funds, to increase capital in JINCHEN SG PTE. LTD. (Jincheng Singapore) [2]. - The funds will be entirely allocated to JINCHEN MALAYSIA SDN. BHD. (Jincheng Malaysia) for the implementation of the "Malaysia Production Base Project" [2]. - The capital increase can be made in a single payment or in installments, depending on the funding needs of Jincheng Malaysia [2]. Group 2: Regulatory Approvals - The company has completed the necessary procedures for the investment, including obtaining the "Overseas Investment Project Filing Notice" from the Liaoning Provincial Development and Reform Commission and the "Overseas Investment Certificate" from the Liaoning Provincial Department of Commerce [4]. - The company has also completed the relevant changes for Jincheng Singapore and Jincheng Malaysia [5]. Group 3: Company Information - JINCHEN SG PTE. LTD. is a private limited company registered in Singapore with a registered capital of 2.66 million USD and is wholly owned by the company [6]. - JINCHEN MALAYSIA SDN. BHD. is a limited company registered in Malaysia with a registered capital of 112.16 million MYR, and Jincheng Singapore holds 100% of its shares, resulting in an indirect 100% ownership by the company [7].