Hi-Tech Mould & Plastics (Thailand) Co., Ltd. announced that it will raise CNY 10,000,000 in an equity funding on May 20, 2024. The transaction will include participation from returning investors, Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd. will invest CNY 99,997,800 and Qingdao Haitai Mould Co., Ltd. will invest CNY 22,000. Upon the closing, the company's registered capital will increase from CNY 36,252,799 to CNY 46,470,887.

The transaction has been approved at the 20th meeting of the second board of directors and the 18th meeting of the second board of supervisors. The transaction is still subject to the filing and approval procedures of the relevant domestic overseas investment authorities, and is also subject to the enterprise registration change procedures of the relevant Thai local government departments.