Ever Reach Group (Holdings) Company Ltd. disclosed that its subsidiary, Xuchang Hengda, and Xuchang Shitou have entered into a capital increase agreement for Xuchang Hengrun. Under the agreement signed on 30 October 2025, the registered capital of Xuchang Hengrun will be increased from RMB100 million to RMB160 million. The transaction involves Xuchang Shitou, whose ultimate beneficial owner is Xuchang Finance Bureau. The board and independent non-executive directors of the company have confirmed that the terms of the capital increase are fair, reasonable, and in the interests of the company and its shareholders.
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