Hongda Electronics plans to optimize the capital structure of its holding subsidiary Hunan Hongwei

Hongda Electronics announced that the board of directors and the board of supervisors have approved the capital increase and equity transfer plan of its holding subsidiary Hunan Hongwei. Hunan Hongwei will increase its capital through the transfer of undistributed profits, raising its registered capital from 24.5 million yuan to 44.5 million yuan, with the original shareholders' equity ratio remaining unchanged. Hongda Electronics will transfer its 2.5% equity in Hunan Hongwei for 4.361 million yuan, and will still hold 51% of the shares after the transfer. This move aims to enhance the cohesion of Hunan Hongwei's core team and strengthen its development momentum