Group 1 - The company plans to establish a wholly-owned subsidiary named Xinya Electronics (Hainan) Co., Ltd. with an investment amount not exceeding 200 million RMB [2][3] - The establishment of the subsidiary is based on the company's strategic needs and aims to enhance its global layout and resource optimization [7] - The investment decision was approved by the company's board of directors with a unanimous vote of 9 in favor [3][22] Group 2 - The subsidiary will be managed by director Zhao Junda and will be funded by the company's own capital [3][5] - The business scope of the new subsidiary includes manufacturing of wires and cables, urban delivery services, import and export of goods, and various technical services [5][6] - The company will hold 100% of the subsidiary's shares, and the specific details will be confirmed upon government approval [5][6] Group 3 - The company has also announced an expected daily related transaction amount for 2026 with Zhejiang Zhucheng Technology Co., Ltd. of 95 million RMB [8][10] - The related transactions are deemed necessary for the company's daily operations and comply with legal regulations [9][14] - The board of directors has approved the expected transaction amount, which will be submitted for shareholder approval due to its size exceeding 5% of the company's audited net assets for 2024 [10][12]