Meeting Overview - The sixth board meeting of the company was held on December 19, 2025, via telecommunication, with all 9 directors present and voting [1][2]. Meeting Resolutions - The board unanimously approved the proposal regarding the integration of business in the East China region and the relocation of the production line of its wholly-owned subsidiary, Shanghai GY [2][7]. Business Integration and Production Line Relocation - The integration and relocation aim to optimize resource allocation in the East China region, enhance operational efficiency, and reduce management costs [6][9]. - The relocation involves moving all production equipment from Shanghai GY to other production bases in East China, including Jiangsu, Anhui, and Huangyan [7][8]. - The sales operations in the Shanghai area will be managed by Shanghai GY Sales [7]. Financial Implications - The estimated costs associated with the relocation, including transportation, debugging, and employee placement, are projected to be between RMB 15 million and 20 million [9]. - The overall impact on the company's performance will be confirmed by the annual audit [9]. Company Profile of Shanghai GY - Shanghai GY was established on August 21, 2001, with a registered capital of RMB 108 million and operates in the manufacturing and sales of large-diameter plastic pipes [8].