WASION HOLDINGS (03393) announced that on December 24, 2025, its non-wholly owned subsidiary in China, Weiyuan Energy Technology Co., Ltd. (Weiyuan Energy), entered into a capital increase agreement with Boyu Investment Co., Ltd. (Boyu Investment). Boyu Investment agreed to subscribe for 48,810,742 new shares in Weiyuan Energy for a total consideration of RMB 380 million, representing approximately 8% of its enlarged share capital (the Capital Increase Transaction).
The investment by Boyu Investment will enhance Weiyuan Energy's capital strength and industrial resources. Leveraging Boyu's extensive presence in related sectors and cross-border investment expertise, the partnership is expected to effectively support the business expansion and market competitiveness of the WASION group, accelerating its global strategic deployment.
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