Overview - The company Shenzhen Yuchen Intelligent Equipment Co., Ltd. has completed a capital increase for its wholly-owned subsidiary Zhongshan Yuchen Intelligent Technology Co., Ltd. by investing RMB 20 million [1][2]. Capital Increase Details - The registered capital of Zhongshan Yuchen has increased from RMB 10 million to RMB 30 million following the capital injection [1]. - The capital increase is funded by the company's own resources and does not require approval from the board of directors or shareholders, as it falls within the decision-making authority of the chairman [2]. Subsidiary Information - Zhongshan Yuchen was established on February 10, 2022, and operates as a limited liability company with a registered address in Zhongshan [2]. - The company specializes in manufacturing and selling electronic components, mechanical and electrical equipment, and provides various technical services [2]. Financial Performance - As of March 31, 2025, Zhongshan Yuchen reported total assets of RMB 70,936.93 million and total liabilities of RMB 72,483.45 million, resulting in a net asset of -RMB 1,546.51 million [2]. - The company had an operating income of RMB 1,030.47 million and a net loss of RMB 1,714.37 million for the first quarter of 2025 [3]. Impact of Capital Increase - The capital increase is expected to enhance Zhongshan Yuchen's operational capabilities and competitiveness, providing a solid foundation for future business development [3]. - The increase will not change the scope of the company's consolidated financial statements and is not expected to have a significant impact on the company's current financial status or operating results [3].