Xilong Science announced that the 20th meeting of the sixth board of directors of the company deliberated and passed two proposals. The wholly-owned subsidiary Guangxi Xilong Chemical plans to increase capital and expand its shares. Guangdong Property Investment Fund subscribes for 100 million yuan, Guangzhou Xilong subscribes for 10 million yuan. After the capital increase, the company holds 69.44% of the shares; the holding subsidiary Yunnan Yinghe and New Energy Materials plans to increase capital. Hainan Funeng Jiaming Investment will increase capital by 18.528 million yuan. The company relinquishes priority capital pledges. After the capital increase, the investor holds 5% of the shares. The two subsidiaries are still holding subsidiaries of the company after the capital increase, and neither bill is required to be submitted to the shareholders' meeting for consideration.

Xilong Science announced that the 20th meeting of the sixth board of directors of the company deliberated and passed two proposals. Guangdong Xilong Chemical, a wholly-owned subsidiary, plans to increase capital and expand its shares. Guangdong Property Investment Fund subscribes for 100 million yuan, Guangzhou Xilong subscribes for 10 million yuan. After the capital increase, the company holds 69.44% of the shares; the holding subsidiary Yunnan Yinghe and New Energy Materials plans to increase capital, Hainan Funeng Jiaming Investment will increase capital by 18.528 million yuan. The company relinquishes priority pledges. After the capital increase, the investor holds 5% of the shares. The two subsidiaries are still holding subsidiaries of the company after the capital increase, and neither bill is required to be submitted to the shareholders' meeting for consideration.