szclou(SZ:002121) Xin Lang Cai Jing·2025-12-29 14:27Core Viewpoint - Shenzhen Kelu Electronics Technology Co., Ltd. announced a significant capital increase of $8.493 million to its wholly-owned subsidiary, Hong Kong Kelu Industrial Co., Ltd., resulting in a 65,837% increase in registered capital from $12,900 to $8,506,000 [1][2] Group 1: Capital Increase and Purpose - The board of directors approved the capital increase with a unanimous vote of 9 in favor, 0 against, and 0 abstentions [2] - The funds for the capital increase will come from the company's own or self-raised funds, and the subsidiary will remain wholly owned, not affecting the consolidated financial statements [2] - The capital will primarily be used for further investment in two overseas subsidiaries: PT KLOU TEKNOLOGI INDONESIA in Indonesia and CLOU Energy Storage B.V. in the Netherlands, aimed at enhancing the company's international business layout and competitiveness [2][4] Group 2: Subsidiary Overview - Hong Kong Kelu Industrial Co., Ltd. was established on June 17, 2014, and is located at 341 King's Road, North Point, Hong Kong, with a business scope that includes power measurement instruments and electronic energy meters [3] Group 3: Financial Performance - Financial data shows a significant improvement in the subsidiary's operating conditions, with total assets of RMB 214.37 million and total liabilities of RMB 319.07 million as of December 31, 2024 [4] - As of September 30, 2025, total assets increased by 42.7% year-on-year to RMB 305.91 million, while total liabilities rose by 15.8% to RMB 369.44 million [4] - The net asset position improved by 39.3% to -RMB 63.52 million, with a notable turnaround in net profit to RMB 43.89 million for the first nine months of 2025 [4] Group 4: Strategic Significance - The capital increase is a strategic move to deepen the company's internationalization efforts, enhancing the capital strength of Hong Kong Kelu Industrial to support the development of its subsidiaries in Indonesia and the Netherlands [4]