Xinlong Electrical Appliances (002298) March 9 Evening Notice, the company's wholly-owned subsidiary of Anhui Xinlong Low-voltage Electrical Appliance Co., Ltd. to increase the registered capital of 47 million yuan, after the increase in Anhui Xin Long low-voltage Electrical Appliance Co., Ltd. registered capital of 50 million yuan, the company holds its 100% equity. At the same time, the company's wholly-owned subsidiary of Anhui Xinlong Electric Power Engineering Installation Co., Ltd. to increase the registered capital of 27 million yuan, after the increase in Anhui Xinlong Power Engineering Installation Co., Ltd. registered capital of 30 million yuan, the company holds its 100% equity. The company has increased the total capital of 74 million yuan for our subsidiaries. The purpose of capital increase is to enlarge the size of wholly-owned subsidiaries in a timely manner, and to improve the risk-resisting capability and market competitiveness of wholly-owned subsidiaries. Responsible Editor: NF054
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