Core Viewpoint - The company, Lao Feng Xiang, plans to apply for certification as a gold refining enterprise with the Shanghai Gold Exchange, aiming to expand its business into gold recycling and refining services [1] Group 1: Business Strategy - Lao Feng Xiang intends to enhance its operational efficiency and business development by transitioning its jewelry research institute into a certified gold refining entity [1] - The company will increase the registered capital of its jewelry research institute from 16.15 million RMB to 50 million RMB by transferring 33.85 million RMB from surplus reserves [1] Group 2: Regulatory Compliance - According to the Shanghai Gold Exchange's latest management regulations, a refining enterprise must have a registered capital and net assets of no less than 50 million RMB [1] - The board of directors approved the capital increase to meet the certification requirements set by the Shanghai Gold Exchange [1]

Core Viewpoint - The company, Lao Feng Xiang, plans to apply for certification as a gold refining enterprise with the Shanghai Gold Exchange, aiming to expand its business into gold recycling and refining services [1] Group 1: Business Strategy - Lao Feng Xiang intends to enhance its operational efficiency and business development by becoming a certified gold refining enterprise [1] - The company will increase the registered capital of its subsidiary, Lao Feng Xiang Jewelry Research Institute, from 16.15 million RMB to 50 million RMB to meet the certification requirements [1] Group 2: Regulatory Compliance - According to the Shanghai Gold Exchange's latest management regulations, a refining enterprise must have a registered capital and net assets of no less than 50 million RMB [1] - The board of directors approved a resolution to increase the registered capital by 33.85 million RMB from retained earnings to comply with the exchange's standards [1]

2025年，老凤祥股份有限公司第十一届董事会第十九次（临时）会议，审议通过控股子公司上海老凤祥 首饰研究所有限公司以盈余公积转增注册资本议案。老凤祥首饰研究所拟增资3385万元，注册资本将从 1615万元增至5000万元，各股东持有份额按原出资额占比计算。此次转增是为促进该子公司向上海黄金 交易所申请成为黄金精炼企业，开展旧金回收等业务，符合其对精炼企业资格管理规定。该事项无需股 东大会审议，不构成关联交易及重大资产重组，相关风险可控。 ...