Gu'ao Technology: intends to reduce the capital of its holding subsidiary Haoyuan Gu by 371 million yuan.

Golden Dragon Technology announced that on June 24, 2026, the company held a board meeting to review and approve the proposal to reduce the capital of its holding subsidiary, Haoyuan Ancient. In view of the completion of the sale of equity in New Sun Technology by Haoyuan Ancient and the receipt of the full transfer payment of 419 million yuan, the company agreed, based on operational and strategic needs, to reduce the registered capital of Haoyuan Ancient from 398 million yuan to 26.88 million yuan, a reduction of 371 million yuan. This capital reduction still needs to be approved by the shareholders' meeting. After the reduction, Haoyuan Ancient will remain a holding subsidiary with unchanged contribution ratios, and will not affect the company's financial and operational status.