Zhejiang Supcon Technology Co., Ltd. (688777.SH) announced that the company's holding company, Zhejiang Siasun Robot&Automation Innovation Center Co., Ltd. (“Robot&Automation Innovation Center”), plans to increase its registered capital by RMB 8.8 million. The capital increase is subscribed by Ningbo Financial Development Investment Holding Group Co., Ltd. (or its wholly-owned subsidiary), Ningbo Haishu Industrial Investment Co., Ltd., Ningbo Yongshuiqiao Zhongzhou Investment Partnership Enterprise (Limited Partnership) (“Yongshuiqiao Zhongzhou”), etc., with a total investment of RMB 110 million, including Yongshuiqiao Zhongzhou's investment of RMB 25 million. In this transaction, the company intends to give up its preferential subscription right. After the completion of this transaction, the company's equity interest in the Robot&Automation Innovation Center will decrease from 44.3975% to 34.9650%. The introduction of government industry investment funds as strategic investors is conducive to attracting strategic investors in the industry, help attracting more industry, funds, talents, research and development resources in Ningbo, and accelerate the product industrialization process of the Robot&Automation Innovation Center, thereby speeding up the company's layout in the field of robotics.
Zhongzhi Technology (688777.SH) announced that the company's holding company, Zhejiang Siasun Robot&Automation Innovation Center Co., Ltd. (“Robot&Automation Innovation Center”), plans to increase its registered capital by RMB 8.8 million. The capital increase is subscribed by Ningbo Financial Development Investment Holding Group Co., Ltd. (or its wholly-owned subsidiary), Ningbo Haishu Industrial Investment Co., Ltd., Ningbo Yongshuiqiao Zhongzhou Investment Partnership Enterprise (Limited Partnership) (“Yongshuiqiao Zhongzhou”), etc., with a total investment of RMB 110 million, including Yongshuiqiao Zhongzhou's investment of RMB 25 million.
It is reported that the company plans to give up its preferential subscription right for this capital increase. After the completion of this transaction, the company's equity interest in the Robot&Automation Innovation Center will decrease from 44.3975% to 34.9650%. The introduction of government industry investment funds as strategic investors is conducive to attracting strategic investors in the industry, help attracting more industry, funds, talents, research and development resources in Ningbo, and accelerate the product industrialization process of the Robot&Automation Innovation Center, thereby speeding up the company's layout in the field of robotics.