China Economic News App, Guangdong Sunwill Precising Plastic (002676.SZ) announced that the board of directors of the company has agreed to hold a controlling stake in the subsidiary Jiangsu Junwei Precision Parts Technology Co., Ltd. (referred to as 'Junwei Technology') to use 80 million yuan in Renminbi to increase the capital of its wholly-owned subsidiary Dongguan Junwei Plastic Hardware Co., Ltd. (referred to as 'Dongguan Junwei'), of which 1 million yuan is included in the registered capital and 79 million yuan is included in the capital reserve. This capital increase is beneficial for enhancing the capital strength of Dongguan Junwei, promoting the sustained and stable development of its main business, improving its operational efficiency and profit-making ability, enhancing the company's sustainable development capability and core competitiveness. After the capital increase is completed, the registered capital of Dongguan Junwei will increase from 59.86152 million yuan to 60.86152 million yuan, with Junwei Technology still holding 100% equity of Dongguan Junwei.