Net-A-Go completes equity interest disposal, revises investment

Net-A-Go Technology Company Limited announced the completion of a transaction involving the deemed disposal of equity interest in Guangxi Zaiguang Technology Co., Ltd, an indirect subsidiary. A supplemental capital increase agreement, dated 28 May 2025, revised the investment amount from RMB30.0 million to RMB5.0 million. Upon completion, the Investor holds approximately 1.2% of the enlarged registered capital of the Target Company, while Net-A-Go’s indirect equity interest is diluted from 51.0% to approximately 50.4%. The Current Shareholder's equity in the Target Company is now approximately 98.8%. The company clarified that all other terms and conditions of the original Capital Increase Agreement remain in effect. Net-A-Go Technology confirms that the Target Company remains an indirect non-wholly owned subsidiary.