In order to ensure the capital needs of future project development and enrich the company's capital, the company decided to increase its capital in cash. After the capital increase, the registered capital of Maosen Banner will increase from the original 11 million yuan to 21 million yuan. This capital increase will effectively improve the company's asset structure, improve the manufacturing process, improve product quality, accelerate product research and development, increase the diversity of the company's products to meet the needs of different customers in various countries, so that the company is at the leading level in the same industry, win the respect of global customers, and achieve sustainable development of the enterprise.