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Huayu Software Plans RMB 55 Million Capital Increase in Controlling Subsidiary Huayu Yuandian, Shareholding to Rise to 41.9204%
14 hour ago /
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Author：小编
On November 13, Huayu Software announced plans to inject RMB 55 million of its own funds into its controlling subsidiary, Beijing Huayu Yuandian Information Service Co., Ltd., subscribing to RMB 13.5882 million in newly registered capital while other shareholders waive their preemptive subscription rights. Following the capital increase, Huayu Software's stake will climb from 29.1429% to 41.9204%, with Huayu Yuandian remaining a controlling subsidiary. The move addresses Huayu Yuandian's funding needs for R&D iteration of its legal large language model and business expansion. The transaction, classified as a related-party transaction, has received board approval and does not require submission to the shareholders' meeting for review.
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