Dongyi Risheng announced that according to the company's development strategy plan, the company established a wholly-owned subsidiary, Huayu Technology Co., Ltd., with a registered capital of 50 million yuan, funded with its own monetary capital, and 100% shareholding ratio. Recently, Huayu Technology completed the industrial and commercial registration procedure and obtained a business license issued by the Hainan Provincial Market Supervision Administration. As of the date of disclosure of the announcement, Huayu Technology's shareholders' pledged contributions have not yet been paid, and the relevant investment obligations shall be carried out by the shareholders in accordance with the terms of reference. The investment did not meet the criteria for board review, did not require submission to the board of directors for consideration, did not constitute a related transaction, and did not constitute a major asset restructuring.

Dongyi Risheng announced that according to the company's development strategy plan, the company established a wholly-owned subsidiary, Huayu Technology Co., Ltd., with a registered capital of 50 million yuan, funded with its own monetary capital, and 100% shareholding ratio. Recently, Huayu Technology completed the industrial and commercial registration procedure and obtained a business license issued by the Hainan Provincial Market Supervision Administration. As of the date of disclosure of the announcement, Huayu Technology's shareholders' pledged contributions have not yet been paid, and the relevant investment obligations shall be carried out by the shareholders in accordance with the terms of reference. The investment did not meet the criteria for board review, did not require submission to the board of directors for consideration, did not constitute a related transaction, and did not constitute a major asset restructuring.