Shandong Rike Chemical announced that the company plans to invest in the establishment of a wholly-owned subsidiary, Shanghai Asia Vets Intelligent Technology Co., Ltd. (tentative name), with a registered capital of 200 million yuan, according to the company's global strategy development needs. The company plans to use Asia Vets to pay about 18.75 million yuan in cash to acquire 15% of the equity of three shareholders of Karamay Carbon and Network Technology Co., Ltd. (referred to as 'Carbon and Technology'), and to increase the capital of Carbon and Technology by about 91.84 million yuan in cash. After the capital increase, the registered capital of Carbon and Technology will change from 120 million yuan to 208.16 million yuan. After the above transaction is completed, Asia Vets will hold a total of 51% equity of Carbon and Technology, realizing control over Carbon and Technology. At the same time, the company plans to jointly increase the capital of Shenzhen Xingke Zhisuan Technology Co., Ltd. with other investors through Asia Vets, of which the company's capital increase amount is about 5.661 million yuan. After the capital increase, the registered capital of Xingke Zhisuan will change from 4 million yuan to 11.1 million yuan. Asia Vets will hold 51% equity of Xingke Zhisuan, realizing control over Xingke Zhisuan.