Runze Smart Computing completes subsidiary capital increase

Runze Smart Computing Technology Group Co., Ltd. (SZSE:300442) announced the completion of the industrial and commercial registration changes related to the capital increase of its holding subsidiary, Guangdong Runhui Technology Development Co., Ltd. Runze Development, a subsidiary of Runze Smart Computing, initially invested CNY 10 million to subscribe for a portion of Guangdong Runhui's increased registered capital. Subsequently, five additional investors, including China CICC Ruicheng (Jinan) Investment Partnership, China Orient Asset Management Co., Ltd., CSCI Investment Co., Ltd., Zhejiang Chenhao Trading Co., Ltd., and Wei Wei, invested a combined CNY 1.56 billion, further increasing Guangdong Runhui's registered capital. Following this initial phase, Guangdong Runhui implemented an additional capital increase, introducing high-quality investors with a CNY 1.74 billion investment. Guangdong Runhui remains a consolidated subsidiary of Runze, contributing to the company's sustainable operations and profitability. Furthermore, Runze Smart Computing received approval to register short-term financing instruments with the China Interbank Market Dealers Association, paving the way for up to CNY 2 billion in technology innovation bonds. This dual strategy strengthens Runze's financial position and supports its strategic initiatives.