Yabo Co., Ltd. announced that based on confidence in the company's future development prospects and recognition of the company's long-term value, the controlling shareholder Quanxing Technology plans to increase its holdings of the company's shares through centralized bidding within 6 months from the date of disclosure of the announcement, with a cumulative increase of not less than 50 million yuan and no more than 100 million yuan. The source of the capital increase is own funds or self-raised funds. There is no price range. The increase in holdings will strictly abide by the share lock-up period. There is a risk that the implementation of the holdings increase plan will be delayed or not completed due to market changes or inadequate funding.