(688227.SH) intends to invest 400 million yuan in Jiangyuan Technology through capital increase.

Zhitan Finance APP News, Pinhigh Corporation (688227.SH) announced that the company plans to invest RMB 400 million in Jiangyuan Technology through capital increase, based on the pre-investment valuation of Jiangyuan Technology at RMB 2.4139 billion. It is estimated that the corresponding subscription will increase the registered capital of Jiangyuan Technology by RMB 2.68727 million. Based on Jiangyuan Technology's existing registered capital of RMB 16.21702 million, after this capital increase, Jiangyuan Technology's registered capital will increase to RMB 18.90429 million. At that time, the company is expected to increase its ownership of Jiangyuan Technology by 14.2151%, and is expected to hold a total of 15.4182% of Jiangyuan Technology shares.