Zhitong Finance App News, Dingjide (603255.SH) announced that in order to meet the needs of the company's holding subsidiary Petrochemical Technology based on development strategies and business development, the company plans to increase the capital of the holding subsidiary Petrochemical Technology by 290 million yuan from its own capital. As of the announcement date, the company held 98.0392% of Petrochemical Technology's shares, and the shareholder Dalian Ruihao New Material Technology Development Co., Ltd. (hereinafter referred to as “Dalian Ruihao”) held 1.9608% of Petrochemical Technology's shares. Dalian Ruihao agreed to this capital increase but did not participate in this capital increase, and has issued a “Statement Relinquishing Priority Payment Rights for Capital Increase”. After the capital increase is completed, the registered capital of Petrochemical Technology will increase from 510 million yuan to 800 million yuan. The company will hold 98.75% of Petrochemical Technology's shares, and Dalian Ruihao will hold 1.25% of Petrochemical Technology's shares.