Shanghai Jinban Technology Co., Ltd. announced that it has signed a capital increase agreement with Goldenmax International Technology Ltd. (SZSE:002636) to issue common shares for gross proceeds of CNY 180,000,000 on April 16, 2021. The proceeds out of which CNY 75,000,000 will be added to registered capital and CNY 105,000,000 will be added to company's capital reserve. After the completion, Goldenmax International Technology Ltd. (SZSE:002636) will hold 60% of the equity of the company. The transaction was approved at the 26th meeting of the fourth board of directors and does not require review by the general meeting of shareholders.