指南针：关于全资子公司变更注册资本并完成工商变更登记的公告

Core Viewpoint - The company has approved a capital increase of 100 million RMB to its wholly-owned subsidiary, Maigao Securities, which will raise the subsidiary's registered capital from 1.4 billion RMB to 1.5 billion RMB [1]. Group 1 - The company's board of directors approved the capital increase at the 12th meeting of the 14th board session held on December 4, 2025 [1]. - The company has completed the capital increase and the necessary business registration procedures, obtaining a new business license from the Shenyang Market Supervision Administration [1]. - The management team has been authorized to decide and handle matters related to the capital increase [1].