Zhiyin Finance APP news, Fujian Tianma Science and Technology Group (603668.SH) issued a notice, according to the company's global strategy layout and operational development needs, in order to enhance the funding strength and comprehensive competitiveness of its wholly-owned subsidiary Guangdong Fuma, reduce the company's asset-liability ratio and optimize the capital structure, Guangdong Fuma plans to introduce the Guangdong Agricultural Supply-Side Structural Reform Fund Partnership (Limited Partnership) (referred to as 'Agriculture Fund') as a new shareholder through a capital increase and share expansion. The Agriculture Fund intends to increase capital for Guangdong Fuma in the amount of 0.2 billion yuan in cash, of which 174.92 million yuan will be included in the registered capital of Guangdong Fuma, and 25.08 million yuan will be included in the capital reserve of Guangdong Fuma. The company waives its preferential subscription rights for this capital increase.

After this capital increase is completed, the registered capital of Guangdong Fuma will increase from 0.21 billion yuan to 0.385 billion yuan. The company's shareholding ratio in Guangdong Fuma will change from 100% to 54.56%, while the Agriculture Fund will hold 45.44% of Guangdong Fuma. Guangdong Fuma will change from a wholly-owned subsidiary of the company to a controlling subsidiary, and Guangdong Fuma will still be included in the company's consolidated financial statements.

This capital increase and share expansion of Guangdong Fuma and the introduction of new investors is a prudent decision made by the company based on strategic planning and operational development needs. It will enhance Guangdong Fuma's capital strength and comprehensive competitiveness, reduce the company's asset-liability ratio, optimize and adjust the capital structure, help the company focus on the main business development of eel farming, further enhance the company's competitive advantages and profitability, and align with the overall strategic development plan and long-term interests of the company.