Vanjee Technology subsidiary completes capital reduction

Beijing Vanjee Technology announced that its controlled subsidiary, San Chuan Online (Hangzhou) Information Technology Co., Ltd., has finalized its capital reduction. The decision, approved by Vanjee Technology's board of directors on August 25, 2025, saw San Chuan Online's registered capital decrease from 25 million yuan to 10 million yuan.

Vanjee Technology maintains its 51% controlling stake in San Chuan Online, ensuring no change in the company's consolidated financial reporting scope. San Chuan Online has received a new business license from the Hangzhou Xiaoshan District Market Supervision Administration following the completion of these changes.

San Chuan Online's business scope includes technology services, data services, software development, and AI-related services, with Zhang Ning as its legal representative. The company's address is located in the Ant Innovation Base in Hangzhou, Zhejiang Province.