Kogao Technology: The wholly-owned subsidiary plans to make a $1.5 million investment in an external transaction, which constitutes a related party transaction.
Goku Technology announced that on June 22, 2026, the 12th meeting of the second board of directors of the company approved a resolution to allow its wholly-owned subsidiary, Goku International, to make an external investment in CYC not exceeding $1.5 million. The investment will be carried out in two steps: first, purchasing a portion of the equity of CYC held by a non-related party for no more than $0.5 million, representing approximately 0.28% of the shares; second, injecting no more than $1 million into CYC, with participation from Brizan, controlled by director Gao Bingqiang. Due to Brizan's involvement, this transaction constitutes a related party transaction. In the first quarter of 2026, CYC had a revenue of HK$51 million and a net profit of HK$1.3833 million. The relevant agreements have not yet been signed.
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