EVE Malaysia completes capital increase, boosting financial strength

EVE Energy Malaysia Sdn. Bhd. (EVE Malaysia), a subsidiary of Eve Energy, has finalized its registered capital increase to support its operational development and enhance its sustainable growth capabilities. EVE Asia Co., Ltd., also a subsidiary of Eve Energy, invested MYR 236,762,400 of its own funds into EVE Malaysia.

Following this capital injection, EVE Malaysia's registered capital has increased from MYR 507,887,000 to MYR 744,649,400. Eve Energy indirectly holds 100% of EVE Malaysia's equity through EVE Asia. The subsidiary, a limited liability company registered in Kedah, Malaysia, focuses on the manufacturing and sale of battery composite materials, excluding hazardous chemicals and metal materials. Its board of directors includes Liu Jincheng, Qiao Fujun, and He Yingshen.

The completion of this registered capital change was officially announced by the board of directors of Eve Energy on December 23, 2025. This move is expected to bolster EVE Malaysia’s capacity to expand its operations and strategic initiatives in the region.