Jihong shares: 45 million yuan capital increase in Shenzhen Jilian Blockchain Technology Co., Ltd., a wholly-owned subsidiary

Jihong shares (002803.SZ) announced that the company held the fifth meeting of the fourth board of directors on January 19, 2020. The meeting considered and approved the "Proposal on Capital Increase of Fully-owned Subsidiaries" and agreed to the company's own funds in RMB. 45 million yuan, capital increase of wholly-owned subsidiary Shenzhen Gigachain Blockchain Technology Co., Ltd. ("Shenzhen Gchain"). After the capital increase is completed, the registered capital of Shenzhen Gchain will increase from RMB 5 million to RMB 50 million.