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NetEase Finance December 26th Keli Yuan announced on the evening of the 26th announcement of the capital increase Hunan Keba auto power battery company issues.
The announcement stated that Keliyuan plans to increase the capital of Hunan Keba Automobile Power Battery Co., Ltd. by 120 million yuan to invest in the construction of a power battery energy package project for electric vehicles. The source of capital for this capital increase is funds raised from non-public offering of shares.