Dongjiang Environmental plans capital injection into Embodiment Intelligence

Dongjiang Environmental Company Limited announced its intention to inject capital into Embodiment Intelligence by participating in a public tender on the Guangdong United Assets and Equity Exchange. The proposed capital injection is for RMB12 million or less, for an equity interest of 4% or less in Embodiment Intelligence. The total capital to be injected into Embodiment Intelligence by all investors is RMB138 million or less, for up to 46% of its equity.

As of November 15, 2025, the appraised value of Embodiment Intelligence's entire shareholders' equity was RMB41,999,900. If successful, Dongjiang Environmental would become a new shareholder alongside Guangdong Rising Holdings Group, Guangzhou Digital Technology Group Co., Ltd., and Pazhou Capital Investment Holdings (Guangzhou) Co., Ltd., with a projected 4.00% shareholding, while other investors would hold 42.00%.

This potential capital injection is classified as a connected transaction because Guangdong Rising Holdings Group is a substantial shareholder of Dongjiang Environmental and holds a 62.96% equity interest in Embodiment Intelligence. The transaction, if it materializes, is expected to be subject to reporting and announcement requirements under Chapter 14A of the Listing Rules, but exempt from circular and shareholder approval because the applicable percentage ratios fall below 5%.