iKodi (600933.SH) plans to increase capital by no more than 300 million yuan to its wholly-owned subsidiary iKodi Technology

Zhitong Finance App News, iKodi (600933.SH) announced that according to the company's overall strategic layout plan and business development needs, the company plans to increase the capital of the wholly-owned subsidiary Ningbo iKodi Technology Industry Development Co., Ltd. (“iKodi Technology”) with its own capital by no more than 300 million yuan. After the capital increase is completed, the company still holds 100% of its shares, and iKodi Technology is still a wholly-owned subsidiary of the company. The capital increase can be carried out in stages, and the relevant registration matters are handled according to the actual amount.

Using its own capital to increase capital to the wholly-owned subsidiary iKodi Technology is based on the construction needs of the “iKodi Intelligent Manufacturing Technology Industrial Park Project”. It is conducive to further improving and enhancing the company's strategic layout plan, meets the company's business development needs and capital use plans, is conducive to the smooth implementation of the fund-raising project, and is conducive to enhancing the company's profitability.