Maxvision Technology (SHE:002990) plans to inject 190 million yuan into the capital of its subsidiary, Shenzhen Maxvision Fengyun Technology, to fund its business needs, according to a Shenzhen bourse filing on Friday.
Maxvision Fengyun's capital will rise to 200 million yuan from 10 million yuan.
The Chinese artificial intelligence services provider's shares dipped 10% at the close.