Yirui Technology announced that the wholly-owned subsidiary Yirui Hefei plans to increase capital and expand shares and introduce a strategic investor, Jianrui No.1 Fund. Jianrui No.1 Fund plans to invest 500 million yuan in cash to subscribe to Yirui Hefei with an additional registered capital of 455 million yuan. The remaining 45.454,500 yuan will be included in Yirui's Hefei capital reserve, and the company relinquishes priority subscription rights. After the capital increase is completed, the registered capital of Yirui Hefei will increase from 1.6 billion yuan to 2,055 billion yuan. Jianrui No.1 Fund will hold 22.12% of Yirui Hefei's shares, and the company will hold 77.88% of the shares. This transaction does not constitute a related transaction or major asset restructuring, and has been reviewed and approved by the board of directors. The capital increase will be used for the silicon-based OLED micro display backplane project, with a total investment of no more than 1.8 billion yuan.

Yirui Technology announced that the wholly-owned subsidiary Yirui Hefei plans to increase capital and expand shares and introduce a strategic investor, Jianrui No.1 Fund. Jianrui No.1 Fund plans to invest 500 million yuan in cash to subscribe to Yirui Hefei with an additional registered capital of 455 million yuan. The remaining 45.454,500 yuan will be included in Yirui's Hefei capital reserve, and the company relinquishes priority subscription rights. After the capital increase is completed, the registered capital of Yirui Hefei will increase from 1.6 billion yuan to 2,055 billion yuan. Jianrui No.1 Fund will hold 22.12% of Yirui Hefei's shares, and the company will hold 77.88% of the shares. This transaction does not constitute a related transaction or major asset restructuring, and has been reviewed and approved by the board of directors. The capital increase will be used for the silicon-based OLED micro display backplane project, with a total investment of no more than 1.8 billion yuan.