Dollars in bold.
On July 1, Yian Technology announced that to meet the need for capacity expansion to undertake new project orders from important customers, the company plans to increase the capital of its controlled liquid metal subsidiary, Yihao Metal, by 120 million yuan with its own funds. Among them, 44.28 million yuan [$6.19 million US] will go into the registered capital, and the rest will go into the capital reserve. After the capital increase, the registered capital of Yihao Metal will increase from 92.25 million yuan to 136.53 million yuan, [$19.19 US dollars] and Yian Technology will hold 72.9730% of the equity of Yihao Metal. In addition, Yihao Metal plans to introduce other investment entities through public listing after the company completes the capital increase.he capital reserve.
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