Liansheng Technology: Holding company intends to increase capital by 90 million yuan to introduce Maiwei shares.

The announcement of Liansheng Technology stated that the company's holding subsidiary, Meishan Liansheng, plans to increase capital and expand by introducing Maiwei as a shareholder. Maiwei will obtain 4% equity in Meishan Liansheng after investing 90 million RMB. The company's holding subsidiary, Tianjin Liansheng, will waive its priority subscription rights. After this transaction is completed, the registered capital of Meishan Liansheng will increase from 1,020.65 million RMB to 1,063.175 million RMB, and the shareholding ratio of Tianjin Liansheng will decrease from 88.18% to 84.66%. Meishan Liansheng will remain a holding subsidiary within the company's consolidated financial statements. This transaction has been approved by the company's board of directors and still requires approval from the shareholders' meeting.