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[Tongwei Co., Ltd.: Plans to Increase Capital in Wholly-Owned Subsidiary Tongwei Solar Technology by RMB 5.06 Billion] Tongwei Co., Ltd. announced that it plans to increase the capital of its wholly-owned subsidiary, Tongwei Solar Technology Co., Ltd

2026-06-22

[Tongwei Co., Ltd.: Plans to Increase Capital in Wholly-Owned Subsidiary Tongwei Solar Technology by RMB 5.06 Billion] Tongwei Co., Ltd. announced that it plans to increase the capital of its wholly-owned subsidiary, Tongwei Solar Technology Co., Ltd., by RMB 5.06 billion. The increased amount will be recorded in the company's capital reserve. After the capital increase, Tongwei Solar will remain a wholly-owned subsidiary of Tongwei Co., Ltd. This capital increase has been approved by the company's ninth board of directors at its tenth meeting and does not require submission to the shareholders' meeting for approval. The funds will come from the company's own funds and do not constitute a related-party transaction or a major asset restructuring.

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