Suzhou HYC Technology revises charter, boosts registered capital

Suzhou HYC Technology Co., Ltd. held its fifteenth meeting of the third board of directors on October 23, 2025, approving a change in registered capital and a revision of its Articles of Association. This decision was driven by the conversion of its "HYC convertible bonds" into company shares.

The company's convertible bonds, with a conversion period from June 6, 2022, to November 28, 2027, have seen conversions totaling RMB 89,109,000 as of September 30, 2025. This resulted in the issuance of 3,400,370 shares and a corresponding increase in registered capital by RMB 3,400,370.

Following these conversions, Suzhou HYC Technology's registered capital increased from RMB 44,198.4511 million to RMB 44,537.7843 million. This adjustment also raises the total share capital to 44,537.7843 million shares, with the revised Articles of Association now reflecting these changes.