Group 1 - The core point of the announcement is the internal transfer of 100% equity of two subsidiaries from Shanxi North Copper Co., Ltd. to the parent company, North Copper Industry Co., Ltd., aimed at optimizing internal management structure and improving management efficiency [1][4]. - The equity transfer does not constitute a related party transaction or a major asset restructuring as defined by regulations [1][4]. - The transfer will not change the scope of the company's consolidated financial statements and does not require approval from the shareholders' meeting [1][4]. Group 2 - The first subsidiary, Shanxi North Copper Recycling Resource Co., Ltd., has net assets of 190.68 million yuan and achieved operating income of 543.11 million yuan in 2024 [2]. - The second subsidiary, Shanxi Copper Blue Testing Technology Co., Ltd., has assets of 5.08 million yuan and achieved operating income of 8.99 million yuan in 2024, with a total profit of 0.98 million yuan [2]. - The equity transfer is expected to enhance the company's internal management efficiency without adversely affecting the financial situation or operational results of the company [4].