YOTRIO(SZ:002489) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-02-12 22:53Core Viewpoint - Zhejiang Yongqiang Group Co., Ltd. has decided to liquidate its subsidiary, JJD Metal Furniture (Thailand) Co., Ltd., to optimize resource allocation in Southeast Asia and enhance overall operational efficiency [2][4]. Group 1: Company Decision - The seventh board meeting of the company approved the resolution to liquidate the subsidiary with unanimous consent from all nine directors present [1][4]. - The company will handle the liquidation and related processes through its management team [4]. Group 2: Subsidiary Details - JJD Metal Furniture (Thailand) Co., Ltd. was established on January 24, 2025, with a registered capital of 252 million Thai Baht [6]. - The subsidiary has not commenced actual operations and reported total assets of 16.84 million RMB and a net profit of 13,800 RMB for the year ending December 31, 2025 [6]. Group 3: Impact of Liquidation - The liquidation will not have a substantial impact on the company's consolidated financial statements or its overall business development and profitability [2][7]. - The decision aligns with the company's future strategic development plans and is in the best interest of all shareholders [2][7].