On September 4, Lanjian Electronics released an official announcement stating that it had entered into a joint capital increase and stake acquisition agreement with Hefei Shixizhaoyichuangzhi, Hangzhou Henglingqi Enterprise Management Consulting, and Beijing Xinchuanglian Technology Center regarding Shenzhen Xinzhansu Technology Development Co., Ltd. Leveraging RMB 20 million of its own capital, Lanjian Electronics subscribed to an additional registered capital amounting to RMB 333,333.33 in Xinzhansu. Following the completion of this investment, Lanjian Electronics will directly own a 5.55% equity stake in Xinzhansu.
