
FSQUALITY: Plans to increase capital by 350 million yuan to its subsidiary in Thailand through its subsidiary in Singapore
FSQUALITY announced that it plans to use its own funds and self-raised funds to increase capital by RMB 350 million to its Thai subsidiary, Yipin Circuit, through its wholly-owned subsidiary ELECBRIGHT in Singapore. Before the capital increase, FSQUALITY held 70.715% of the shares, and after the capital increase, it will hold 47.143%. The capital increase funds will be used to supplement working capital, and the capital increase procedures still need to go through the domestic foreign investment filing and approval process. This capital increase will not affect the scope of the company's consolidated financial statements and will not have a significant adverse impact on the company's financial and operational status

