Net-a-Go subsidiary to receive RMB30m investment

Net-a-Go Technology Company Limited (HKEX: 1483) announced that its subsidiary, Guangxi Zaiguang Technology Co., Ltd., will receive a RMB30.0 million investment from Wuyue Heshan Investment (Beijing) Co., Ltd, per a capital increase agreement dated April 9, 2025. This investment will increase the target company's registered capital from RMB10.00 million to RMB10.75 million. Upon completion, the Investor will hold a 7.0% stake in the enlarged registered capital. Consequently, Net-a-Go's indirect equity interest will dilute from 51.0% to 47.4%. The funds are earmarked for the operation, expansion, and working capital of the target company. Net-a-Go emphasizes that this deemed disposal will not result in a loss of control over the subsidiary, and the subsidiary will remain a non-wholly owned entity.