Data Golden November 5th, Yunnan Germanium Industry announced that all shareholders of Yunnan Zhongke Xinyuan Crystal Materials Co., Ltd., a wholly-owned subsidiary of the company, priced the entire equity of Zhongke Xinyuan at a net asset value of 228 million yuan (as of August 31, 2024) to increase the capital of its holding subsidiary Yunnan Xinyao Semiconductor Materials Co., Ltd. The company priced its 97.6155% equity in Zhongke Xinyuan at 222 million yuan, subscribing to Xinyao company’s additional registered capital of 191 million yuan; Huifeng priced its 2.3845% equity in Zhongke Xinyuan at 5.4257 million yuan, subscribing to Xinyao company’s additional registered capital of 4.6628 million yuan. After the capital increase, Xinyao company will acquire 100% equity of Zhongke Xinyuan, Xinyao company’s registered capital will increase to 321 million yuan, and the company will hold 84.5294% equity of Xinyao company.