Vanjee Technology subsidiary expands capital, leases R&D space

Vanjee Technology, through its wholly-owned subsidiary Wuhan Vanjee Optoelectronic Technology Co., Ltd., will undertake a capital increase and share expansion to boost its lidar business. This involves introducing three employee shareholding platforms, Hainan Zhunhe, Hainan Chaohun, and Hainan Zhunwei. Hainan Zhunhe and Hainan Chaohun will each subscribe for new registered capital of 4m yuan by investing 20m yuan, while Hainan Zhunwei will subscribe for new registered capital of 3m yuan by investing 15m yuan. The total registered capital of Wuhan Vanjee will increase from 60m yuan to 71m yuan, with Vanjee Technology’s ownership decreasing from 100% to 84.51%.

Concurrently, Vanjee Technology will lease office and R&D space in Beijing from Beijing Litengxing Enterprise Management Co., Ltd., a related party controlled by Vanjee Technology’s chairman, Zhai Jun. The lease, for an area of 15,741.64 square meters from January 1, 2026, to December 31, 2026, totals an estimated 37.9979m yuan, including utility costs. Both transactions were approved by the board.