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Xi’an Yicai: Plans to use its own funds of no more than RMB 40 million to participate in Zhuhai Yiyuan’s Pre-A+ round financing

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Xi'an Yicai Announcement: The company plans to use its own funds of no more than RMB 40 million to jointly participate, together with other market-oriented investment institutions, in the Pre-A+ round of financing of Zhuhai Yiyuan Technology Co., Ltd. The amount of this round of financing for Zhuhai Yiyuan is not less than RMB 100 million and not more than RMB 200 million. It will mainly be used for capacity expansion, equipment procurement, research and development, and technology upgrades. This investment constitutes a related-party transaction, but it does not constitute a major asset restructuring. Mr. Wang Hui, a director of the company, previously served as the Chairman of Zhuhai Yiyuan and currently still serves as a director; Mr. Yang Xinyuan has served as the Chairman of Zhuhai Yiyuan since April 2026. This investment has been approved by the company's independent directors' special meeting and the 20th meeting of the first board of directors, and does not require submission to the shareholders' meeting for approval.
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