Leascend: The controlling subsidiary Meishan Leascend increases capital and introduces investors

Zhitong
2025.08.01 08:14

Leascend announced that its controlling subsidiary, Meishan Leascend Photovoltaic Technology Co., Ltd., will introduce Gongqingcheng Xingdan Industrial Equity Investment Partnership through a capital increase and share expansion. The partnership will increase its capital in Meishan Leascend by RMB 60 million in cash, obtaining a 2.91% equity stake after the capital increase. After the transaction is completed, the registered capital of Meishan Leascend will increase from RMB 945 million to RMB 973 million; Tianjin Leascend's shareholding ratio in Meishan Leascend will be diluted from 95.24% to 92.46%, and Meishan Leascend will still be a controlling subsidiary within the company's consolidated financial statements