What is the date of the board of directors resolution regarding the capital increase?

The date of the board of directors resolution regarding the capital increase is 2026/04/16.

What is the source of the capital increase for Ningbo Qiyi Metal Co., Ltd.?

The source of the capital increase is the retained earnings from the fiscal year 2025.

The total issuance amount of the capital increase is five million US dollars (USD 5,000,000).

The purpose of the funds from this capital increase is to increase the working capital.

The rights and obligations of the newly issued shares are the same as the originally issued shares.

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Yuen Chang's subsidiary, Ningbo Qiyi Metal, resolved to increase capital by 5 million USD using retained earnings to boost working capital.

Q: What is the date of the board of directors resolution regarding the capital increase?: A: The date of the board of directors resolution regarding the capital increase is 2026/04/16.
Q: What is the source of the capital increase for Ningbo Qiyi Metal Co., Ltd.?: A: The source of the capital increase is the retained earnings from the fiscal year 2025.
Q: What is the total amount of the capital increase issued by the subsidiary?: A: The total issuance amount of the capital increase is five million US dollars (USD 5,000,000).
Q: What is the purpose of the funds obtained from this capital increase?: A: The purpose of the funds from this capital increase is to increase the working capital.
Q: Are the rights and obligations of the newly issued shares different from the original ones?: A: The rights and obligations of the newly issued shares are the same as the originally issued shares.