Gelonghui, November 12 – ylz information technology (300096.SZ) announced that its associated company, Haibao Life Insurance Co., Ltd. (referred to as "Haibao Life"), plans to raise capital due to its development strategy. The company will forgo its preferential subscription rights for this capital increase based on its actual operation situation. This capital increase is based on Haibao Life's total shareholder equity valuation of 1,356.3986 million yuan as of the appraisal benchmark date of December 31, 2023, taking into account the overall market environment, with a premium of approximately 12.80% on the basis of the asset valuation results, making the final valuation to a subscription price of 1.02 yuan per share; the capital increase is proposed to be carried out by Haibao Life's shareholder, Haima Investment Group Co., Ltd. (hereinafter referred to as "Haima Group").