On December 11, as announced by Gelonghui, Hongdi Technology (301633.SZ) held the fifth meeting of the second Board of Directors and the fifth meeting of the second Supervisory Committee on December 11, 2024, to review and approve the proposal to use part of the raised funds for increasing capital to the wholly-owned subsidiary to implement the fundraising projects. It was agreed to use 70 million yuan of raised funds to increase capital for Wuhan Hongdi Asia Vets Technology Co., Ltd. (hereinafter referred to as "Hongdi Asia Vets"), for the implementation of the "Hongdi Asia Vets R&D Center Construction Project."

After the completion of this capital increase, the registered capital of Hongdi Asia Vets will be increased to 100 million yuan, and the company will still Hold 100% of its equity.