NUOBIKAN Announces RMB 30 Million Investment in its Chongqing Subsidiary

Stock News
02/12

NUOBIKAN (02635) has announced that on February 12, 2026, after trading hours, the company, along with Bojiang Ruizhi, Bojiang Junjing, and NUOBIKAN Chongqing, entered into an investment agreement. The agreement pertains to capital contributions from investors Bojiang Ruizhi and Bojiang Junjing into NUOBIKAN Chongqing. According to the investment agreement, Bojiang Ruizhi and Bojiang Junjing plan to invest a total of RMB 30 million in NUOBIKAN Chongqing. Approximately RMB 15.8824 million of this amount will be allocated to the registered capital of NUOBIKAN Chongqing, while the remaining balance of RMB 14.1176 million will be recorded as additional paid-in capital. Following the completion of the capital injection, the company's actual equity interest in NUOBIKAN Chongqing will decrease from 100% to approximately 85%. The registered capital of NUOBIKAN Chongqing will increase from RMB 90 million to approximately RMB 105.8824 million. After the investment, the company, Bojiang Ruizhi, and Bojiang Junjing will directly hold approximately 85%, 10%, and 5% equity in NUOBIKAN Chongqing, respectively. NUOBIKAN Chongqing will become a non-wholly owned subsidiary of the company, and its financial results will continue to be consolidated into the company's consolidated financial statements. The company believes that the capital injection into NUOBIKAN Chongqing will help strengthen its research and development investments and product promotion efforts, such as funding for R&D, hardware procurement, and business promotion expenses. This is expected to enhance the overall valuation and cash flow of NUOBIKAN Chongqing.

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