EXTREME VISION Proposes RMB 138 Million Capital Injection into Hengqin Extreme Vision

Stock News09-24

EXTREME VISION (06636) has announced that its board of directors has considered and approved a resolution regarding a proposed capital increase of RMB 138 million in Hengqin Extreme Vision.

Upon completion of the capital injection, the company will continue to hold 100% equity interest in Hengqin Extreme Vision.

The capital increase will be funded by the company through its own resources.

The directors believe that the capital injection will help Hengqin Extreme Vision strengthen its capital base and consolidate its development foundation, enhance its market competitiveness, and achieve sustainable growth.

Accordingly, the directors believe that the capital increase is in the overall interests of the company and its shareholders and will bring long-term strategic benefits to the group.

The capital increase is subject to shareholder approval in accordance with Article 39 of the company's articles of association.

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