Lians Technology's Subsidiary to Strengthen Capital with Investment from Maxwell Technologies

Stock News05-20

Lians Technology Co., Ltd. (300051.SZ) announced that its controlled subsidiary, Meishan Liansheng Photovoltaic Technology Co., Ltd. (referred to as "Meishan Liansheng"), plans to introduce Suzhou Maxwell Technologies Co., Ltd. (300751.SZ) as an investor through a capital increase and share expansion. Maxwell Technologies will invest RMB 90 million in cash into Meishan Liansheng, acquiring a 4% equity stake post-investment. Tianjin Liansheng Technology Co., Ltd., a controlled subsidiary of the company, has waived its preemptive right to participate in this capital increase. The introduction of Maxwell Technologies as an investor via this capital increase will enhance Meishan Liansheng's capital strength, further solidify the company's photovoltaic industry layout, align with its overall development strategy, and support high-quality growth.

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