Core Viewpoint - The company is enhancing its competitive advantage in the liquid metal industry through capital increases and strategic restructuring of its subsidiaries [1][2][3] Group 1: Capital Increase and Investment - The company plans to increase its investment in its subsidiary, Dongguan Yihao Metal Materials Technology Co., Ltd., by RMB 120 million, with RMB 44.28 million entering registered capital and the remainder into capital reserves [1] - After the capital increase, the registered capital of Yihao Metal will rise from RMB 92.25 million to RMB 136.53 million, with the company holding 72.973% of the equity [1] - The subsidiary is also looking to attract additional investors to support new project development and market expansion after the company's capital increase [2] Group 2: Independent Operations and Strategic Development - The company intends to independently operate its mold design and manufacturing centers under its wholly-owned subsidiary, Dongguan Yian New Materials Research Institute Co., Ltd., to enhance competitiveness in the advanced manufacturing sector [2] - The mold centers will operate independently while prioritizing the company's business needs and also taking on external projects [2] Group 3: Shareholder Meeting - The company plans to hold its second extraordinary general meeting of 2025 on July 17, 2025, to discuss the aforementioned proposals [3]

Core Viewpoint - The company is increasing its investment in its subsidiary, Yihao Metal, to enhance its competitive edge in the liquid metal industry and improve R&D and production capabilities [1][3]. Group 1: Investment Details - The company plans to invest 120 million yuan in Yihao Metal, with 44.28 million yuan allocated to registered capital and the remainder to capital reserves [1]. - After the investment, Yihao Metal's registered capital will increase from 92.25 million yuan to 137 million yuan, with the company holding a 72.97% stake [1]. Group 2: Financial Performance - Yihao Metal reported a revenue of 149 million yuan and a net profit of 2.73 million yuan last year [1]. - In the first quarter of this year, Yihao Metal generated a revenue of 18.16 million yuan but incurred a loss of 3.47 million yuan [1]. - The estimated value of Yihao Metal's total equity is 252 million yuan by the end of 2024 [1]. Group 3: Industry Context - Liquid metal, or amorphous alloy, is characterized by a non-crystalline structure, providing superior properties such as high strength, hardness, and corrosion resistance [2]. - The liquid metal industry is experiencing growth due to favorable national policies and increasing market demand, with applications in consumer electronics, automotive parts, medical devices, and more [2]. - The company aims to leverage market opportunities and expand its liquid metal production capacity to enhance profitability and competitiveness [2][3].