Kaizhong shares: transfer part of the shares of Suzhou Jiongyi and introduce Xiaomi Zhizao as its strategic investor

FIFA, May 25 (FAP)-- Kaizhong shares announced that the company intends to adjust the ownership structure of Suzhou Jiongyi, including transferring part of its shares to the Suzhou Jiongyi management team and increasing its shareholding ratio, and introducing Xiaomi Zhizao as a strategic investor through the transfer of old shares and capital increase. After the adjustment of the ownership structure, Suzhou Jiongyi will change from a holding subsidiary to a shareholding subsidiary, and the company will no longer consolidate the financial statements of Suzhou Jiongyi. Among them, Jiaxing Junzhou transferred its capital contribution of 10 million yuan from Suzhou Jiongyi to Xiaomi Zhizao. The registered capital of Suzhou Jiongyi increased from 70 million yuan to 82.5 million yuan, and the new registered capital of 12.5 million yuan was subscribed by Xiaomi Zhicheng to 5 million yuan respectively.