Beijing Compass increases capital in Mai Gao Securities

** Beijing Compass Technology Development (SZSE:300803) has approved a CNY 200 million capital increase for its wholly-owned subsidiary, Mai Gao Securities Co., Ltd. The decision, made at the company's Fourteenth Board of Directors' fifth meeting on July 4, 2025, will raise Mai Gao Securities' registered capital from CNY 1.2 billion to CNY 1.4 billion. The move aims to support Mai Gao Securities' business expansion. The company clarified that this transaction does not constitute a related-party transaction or a major asset restructuring. As of March 31, 2025, Mai Gao Securities reported total assets of CNY 8,621,154,983.41 and net assets of CNY 1,090,118,331.96. Beijing Compass says that it will monitor the subsidiary's operations and manage any potential risks.