Guorui Tech's subsidiary progresses with capital increase

Guorui Technology (SSE:600562) announced that its holding subsidiary, Nanjing Guorui Xinwei Software, is proceeding with its capital increase and share expansion. The plan involves introducing strategic investors to raise up to CNY 600 million. Investors will subscribe to an increase in registered capital of CNY 2,044.5739 million with a cash investment of CNY 59,987.8000. China Electronics Technology Investment Holdings (CETC Investment) will subscribe for CNY 170.0000 in registered capital with a cash investment of CNY 4,987.8000. As CETC Investment, Guorui Technology, and Nanjing Guorui Xinwei are all under the same ultimate controller, China Electronics Technology Group, the transaction constitutes a related-party transaction. The deal has been approved by the relevant authorized entities, and further steps involve payment, and registration.