Core Viewpoint - The actual controller of Feiwo Technology plans to increase its shareholding in the company through a centralized bidding method, with a total investment amount between RMB 40 million and RMB 70 million [1] Group 1: Shareholding Increase - Shanghai Feiwo Investment Management Co., Ltd., controlled by the actual controller of Feiwo Technology, intends to increase its shareholding within six months from the announcement date [1] - The share purchase will not have a set price range, indicating flexibility in the acquisition strategy [1] - The total amount for the share increase is planned to be no less than RMB 40 million and no more than RMB 70 million [1] Group 2: Financing Support - Industrial Bank Co., Ltd. Changsha Branch has issued a loan commitment letter to Shanghai Feiwo, promising to provide a special loan for the share increase [1] - The loan amount is capped at RMB 50 million, with a maximum term of three years [1]

Core Viewpoint - 嘉利国际 has entered into a subscription agreement for the issuance of HKD 150 million convertible bonds, which will enhance its overseas production capacity and address increasing orders in international markets [1] Group 1: Subscription Agreement Details - The subscription agreement was signed with Mr. He Zhuohui, allowing for the conditional subscription of convertible bonds amounting to HKD 150 million [1] - If fully converted at an initial conversion price of HKD 2.30 per share, a maximum of 65,217,391 shares will be issued, representing approximately 3.23% of the company's existing share capital [1] - The initial conversion price reflects a discount of about 7.26% compared to the closing price of HKD 2.48 on the date of the agreement [1] Group 2: Use of Proceeds - The total proceeds from the subscription are approximately HKD 150 million, with a net amount of about HKD 149.75 million [1] - The company plans to utilize the net proceeds for various purposes to expand overseas production capacity, including purchasing new machinery, constructing a new factory in Thailand, and pursuing mergers and acquisitions in overseas markets [1]