[Kuang-Chi Technology: Plans to use 342 million yuan of raised funds to increase the capital of its wholly-owned subsidiary] On October 21, Kuang-Chi Technology (002625.SZ) announced that the company will use 342 million yuan of raised funds to increase the capital of its wholly-owned subsidiary Shenzhen Guangqi Advanced Technology Co., Ltd., all of which will be included in the capital reserve and will not increase its registered capital. After the completion of this capital increase, Guangchi Advanced Technology will remain a wholly-owned subsidiary of the company. This capital increase has been reviewed and approved at the fourth meeting of the company's sixth board of directors and does not need to be submitted to the shareholders' meeting for review. It does not constitute a related transaction or major asset reorganization.