[Longhua New Materials: The holding subsidiary plans to increase capital to hold Beijing Keyi, who will establish a tungsten hexafluoride production and operation company] On October 12, Longhua New Materials (301149.SZ) announced that the company’s holding subsidiary Longhua High-tech plans to increase its investment in Beijing Keyi by 112.2 million yuan. After the capital increase is completed, Longhua High-tech will hold 66% of Beijing Keyi’s equity. After the capital increase is completed, Beijing Keyi will set up a subsidiary in Gaoqing County as the production and operation entity of high-purity tungsten hexafluoride and other related electronic special gas products under this agreement. Its registered capital is RMB 100 million, which will be fully funded by Beijing Keyi with the funds obtained from this capital increase. At the same time, Beijing Branch also established a research institute.