Jinsheng Electronics: Automotive Safety Division introduces strategic investors to increase capital by 1.5 billion yuan.

date
14/08/2026
Jiangsu Junsheng Electronics announced that on August 13, 2026, Xingyin Investment and China Post Investment plan to respectively increase their capital in the companys holding subsidiary, Anhui Junsheng Safety, by 500 million and 1 billion yuan, holding approximately 2.1459% and 4.2918% of its equity, respectively. Anhui Junsheng Safety will still be a holding subsidiary of the company. This transaction has been approved by the company's board of directors and does not require the review of a shareholders' meeting. The capital increase will be used to repay shareholder loans and bank loans, which will help optimize the capital structure, achieve the target debt-to-asset ratio, and enhance operational resilience and profitability.