Shenzhen Kexin Communication Technologies announced that the company plans to use a 0.125 billion yuan debt to equity swap to increase the capital of its holding subsidiary Kexin Julu. After the capital increase, the registered capital of Kexin Julu will increase from 0.263 billion yuan to 0.388 billion yuan, and the company's shareholding ratio will increase from 87.60% to 91.61%. This capital increase is to support the long-term development of Kexin Julu, optimize its capital structure, and will not change the company's consolidation scope, nor have any adverse impact on the company's normal operation and financial condition.