The Hunan Zhongke Electric Co.Ltd(300035) subsidiary cooperates with Contemporary Amperex Technology Co.Limited(300750)

Hunan Zhongke Electric Co.Ltd(300035) announced that the company, its holding subsidiary zhongkexingcheng holdings, zhongkexingcheng in Gui'an new area and Contemporary Amperex Technology Co.Limited(300750) signed a capital increase agreement, and zhongkexingcheng holdings and Contemporary Amperex Technology Co.Limited(300750) will increase the capital of zhongkexingcheng in Gui'an new area. Among them, zhongkexingcheng holdings will increase the capital of zhongkexingcheng in Gui'an New Area by 420 million yuan, Contemporary Amperex Technology Co.Limited(300750) or its wholly-owned subsidiary will increase the capital of zhongkexingcheng in Gui'an New Area by 280 million yuan. After the capital increase, the registered capital of zhongkexing city in Gui'an new area will increase from 100 million yuan to 80 million yuan. The capital increase agreement involves the project construction plan: the first phase of the "100000 ton annual lithium battery cathode material integration project" in zhongkexing City, Gui'an new area plans to build a capacity of 65000 tons; The second phase plans to build a capacity of 35000 tons.

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