According to the announcement from Hongda Electronics (300726.SZ), the company's board of directors and supervisory board have approved the proposal regarding the capital increase and equity transfer of its controlling subsidiary. The controlling subsidiary, Hunan Hongwei Electronics Technology Co., Ltd. (referred to as "Hunan Hongwei"), will optimize its capital structure through capital increase and equity transfer.

Firstly, Hunan Hongwei will increase its registered capital from RMB 24.5 million to RMB 44.5 million by transferring undistributed profits as of December 31, 2024, while the shareholding ratio of the original shareholders will remain unchanged. Subsequently, Hongda Electronics will transfer its equity of RMB 1.1125 million (accounting for 2.5% of Hunan Hongwei's registered capital) to minority shareholder Xu Qianjun at a price of RMB 4.361 million, with the remaining minority shareholders waiving their preemptive rights. The price for this equity transfer is temporarily determined based on the unaudited net asset value per share provided by Hunan Hongwei as of the end of 2024, and will be adjusted based on the final audited data after Hunan Hongwei's 2024 audit report is issued. After this equity transfer, Hongda Electronics will still hold 51% of Hunan Hongwei's shares, and the scope of consolidation will remain unchanged.

It is reported that this transaction aims to enhance the cohesion of Hunan Hongwei's core team and strengthen the subsidiary's development momentum, in line with the operational development needs of the subsidiary