On October 22, Jingduan Technology disclosed that the 14th meeting of the fifth session of its board of directors had given the green light to a capital increase proposal. The company is set to infuse an additional 250 million yuan into its wholly-owned grandsubsidiary, Pacific Precision Forging Technology (Thailand) Co., Ltd. Specifically, Jingduan Technology will directly contribute 1% of the capital, while the remaining 99% will be channeled through its wholly-owned subsidiary, PPF INDUSTRIAL PTE.LTD. The primary objective of this capital injection is to enhance the production capacity of the Thai subsidiary, thereby more effectively catering to the supply needs of European and American clients for gear and shaft components in new energy vehicles and construction machinery. This move is also anticipated to further optimize the company's overseas production capacity distribution.