Kingkey Smart Agriculture: Plans to invest 650 million yuan to increase capital in Jiangsu Huibo Robot Technology Co., Ltd.

Kejizhi Agricultural Announcement: The company plans to acquire control of Jiangsu Huibo Robotics Technology Co., Ltd. through additional capital contributions, signing a concerted action agreement, and other methods, bringing it into the scope of consolidation. Among them, the company will invest 650 million RMB to increase capital and expand shares in Huibo. It is expected that after this capital increase is completed, Kejizhi Agricultural will become Huibo’s largest shareholder, holding a 30.23% stake. Additionally, the company has signed a “Concerted Action Agreement” with the Huibo team. According to the agreement, the company will acquire approximately 20.54% of Huibo’s voting rights, thereby collectively enjoying about 50.77% of Huibo’s voting rights.

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