--- title: "Breton Technology Dilutes Stake in Energy-Saving Unit via Connected Capital Increase" type: "News" locale: "en" url: "https://longbridge.com/en/news/283567323.md" description: "Breton Technology Co., Ltd. has announced a connected capital increase involving its subsidiary Breton Energy Saving. Three investors, including controlling shareholder Chen Fangming, will inject RMB38 million, raising Breton Energy Saving's registered capital from RMB12 million to RMB50 million. As a result, Breton Intelligent Power's stake in Breton Energy Saving will be diluted from 100% to 24%, leading to its deconsolidation from the group's financial statements. This transaction is classified as a connected transaction under Hong Kong listing rules, streamlining execution without requiring independent shareholders' approval." datetime: "2026-04-21T22:37:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283567323.md) - [en](https://longbridge.com/en/news/283567323.md) - [zh-HK](https://longbridge.com/zh-HK/news/283567323.md) --- # Breton Technology Dilutes Stake in Energy-Saving Unit via Connected Capital Increase ### Claim 30% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Breton Technology Co., Ltd. Class H ( (HK:1333) ) just unveiled an update. Breton Technology Co., Ltd. has entered into a connected capital increase transaction involving its non-wholly owned subsidiary Breton Intelligent Power and indirect subsidiary Breton Energy Saving. Three individual investors, including controlling shareholder and director Chen Fangming, will inject a total of RMB38 million in cash, raising Breton Energy Saving’s registered capital from RMB12 million to RMB50 million. Following the capital injection, Breton Intelligent Power’s stake in Breton Energy Saving will be diluted from 100% to 24%, meaning Breton Energy Saving will cease to be a subsidiary and will be deconsolidated from the group’s financial statements. The deal is classified as a connected transaction and a deemed disposal under Hong Kong listing rules, triggering reporting and announcement obligations but exempting the company from circular issuance and independent shareholders’ approval, thereby streamlining execution while altering the group’s corporate and financial structure. **More about Breton Technology Co., Ltd. Class H** Breton Technology Co., Ltd. is a China-based company listed in Hong Kong that operates through subsidiaries such as Breton Intelligent Power and Breton Energy Saving, focusing on intelligent power and energy-saving technologies. Its business structure involves multiple indirect holdings, indicating a diversified presence in the broader power and energy efficiency sector. **Average Trading Volume:** 1,270,637 **Technical Sentiment Signal:** Strong Sell **Current Market Cap:** HK$8.26B ### Related Stocks - [01333.HK](https://longbridge.com/en/quote/01333.HK.md) ## Related News & Research - [Breton Technology Chairman Boosts Stake, Tightening Grip With Concert Parties](https://longbridge.com/en/news/285575322.md) - [Breton Technology Calls 2026 EGM to Approve New Financing, Congo Solar Project and Governance Overhaul](https://longbridge.com/en/news/272816886.md) - [ZAWYA: DEWA says $2.3bn transmission network projects under development](https://longbridge.com/en/news/286665525.md) - [Tata Power's (NSE:TATAPOWER) Problems Go Beyond Weak Profit](https://longbridge.com/en/news/286980045.md) - [Power prices are up 76% on America’s biggest grid, and a watchdog is pointing fingers](https://longbridge.com/en/news/286590257.md)