Guangzhi Technology (300489.SZ) plans to increase capital by 301 million yuan to acquire 50.08% equity of Xianrui Technology.

Zhixun Finance and Economics APP News, Guangzhou Science and Technology (300489.SZ) announced that the company plans to sign an "Investment Agreement" with Qingyuan Xiandao Special Materials Co., Ltd. (referred to as "Qingyuan Xiandao") and Guangdong Xianrui Technology Co., Ltd. (referred to as "Xianrui Technology" or "Target Company"). The agreement stipulates that the company will invest in Xianrui Technology in the form of capital increase, acquiring 50.0832% equity of the target company, thus achieving controlling interest in the target company. After amicable negotiations, the total amount of this capital increase was finally determined to be 301 million yuan. After this capital increase, Xianrui Technology will become a subsidiary controlled by the company and will be included in the company's consolidated financial statements.