Hengmingda has announced its intention to augment its capital investment in Yuanshan New Material Technology Co., Ltd. by an amount of 49 million yuan. Specifically, 21.7756 million yuan will be allocated as registered capital, while the remaining 27.2244 million yuan will be allocated to the capital reserve. Following this capital increase, Hengmingda is set to acquire an 8.9253% equity stake in Yuanshan New Materials. Yuanshan New Materials is a firm specializing in the third-generation semiconductor industry, boasting autonomous production capabilities for gallium nitride epitaxial materials and chip fabrication. Its product range finds extensive applications in industrial settings, including computing server power supplies, new energy vehicles, photovoltaic energy storage systems, and robotics. It is important to note that this investment neither entails related-party transactions nor qualifies as a significant asset restructuring.