Gelonghui, Feb. 27丨Fulai New Materials (605488.SH) announced that in order to further implement the company's development strategy, enhance the strength and operational capacity of Yantai Fuli Capital, and fully mobilize the enthusiasm of the company's core management personnel, on February 27, 2024, the company held the 32nd meeting of the board of directors and the 26th meeting of the board of supervisors. The meeting deliberated and agreed to associate natural persons Mr. Li Yaobang, Mr. Nie Sheng, and Mr. Bi Lilin with their own funds to jointly increase the capital of Yantai Fuli by 8 million yuan (of which, Mr. Li Yaobang pledged 2 million yuan in cash and Mr. Nie Sheng) (Cash pledged 4 million yuan; Mr. Bi Lilin pledged 2 million yuan in cash). Some of Yantai Fuli's core executives increased their capital to Yantai Fuli by 4 million yuan with their own funds through the employee shareholding platform Yantai Rong Investment.
The company relinquished this priority subscription right. After the capital increase is completed, the registered capital of Yantai Fuli will increase from RMB 20 million to RMB 212 million, and the company's shareholding ratio in Yantai Fuli will be reduced from 70.00% to 66.04%. The company is still the controlling shareholder of Yantai Fuli. The assessed value of all Yantai Fuli shareholders' equity was 278,890,000.00 yuan. Compared with its book value of 198,209,451.06 yuan, the assessed value added was 80,680,548.94 yuan, with a value-added rate of 40.70%.