TJCD (02515) has announced a proposal to increase its registered capital. This follows the company's plan to issue new shares under a general mandate dated February 11, 2026. The proceeds from the new share issuance will be allocated, with more than half designated for the company's registered capital. The remaining balance will be credited to the capital reserve fund in accordance with relevant Chinese laws and the company's articles of association. The specific allocation ratio is subject to approval by shareholders at an extraordinary general meeting.

The net proceeds from the proposed share placement are expected to be approximately RMB 25.9 million. Upon completion of the placement, 55.0% of the net proceeds will be transferred to the registered capital. This amount will be converted to Renminbi using the Hong Kong dollar to Renminbi exchange rate mid-point published by the People's Bank of China on the date of the placement agreement signing. The remaining funds will be allocated to the capital reserve. If the exchange rate fluctuates after the signing date, the amount allocated to registered capital will remain unchanged, with corresponding adjustments made to the capital reserve portion.

Consequently, the Board of Directors has proposed to change the company's registered capital from RMB 216 million to RMB 230 million, pending the completion of the proposed share placement.