Core Viewpoint - The company has decided to liquidate its subsidiary, Xianju County Juhua Financial Services Co., Ltd., due to a lack of business activity and changes in financial policies, which aligns with its development needs and does not harm the interests of shareholders [1][8]. Summary by Sections Company Decision - The company held a board meeting on August 10, 2025, where it approved the proposal to liquidate the subsidiary [1]. - The decision was made following the review by independent directors, ensuring compliance with relevant laws and regulations [8]. Subsidiary Information - Xianju County Juhua Financial Services Co., Ltd. was established in June 2016 with a registered capital of 50 million yuan, in which the company held a 20% stake [1]. - The subsidiary's main business, providing loan turnover services for small and medium-sized enterprises, has ceased operations [8]. Financial Data of the Subsidiary - As of December 31, 2024, the subsidiary had total assets of approximately 56.51 million yuan and total liabilities of about 4.20 million yuan [1]. - For the first five months of 2025, the subsidiary reported a net profit of approximately 370,273.45 yuan [1]. Impact on the Company - The liquidation will not affect the company's business development or profitability, nor will it harm the interests of shareholders, especially minority shareholders [8]. - The company has not provided any guarantees or financial support to the subsidiary, ensuring no financial risk from this decision [8]. Independent and Supervisory Opinions - The independent directors and the supervisory board have both expressed support for the liquidation, stating that it is in line with the company's development strategy and does not harm shareholder interests [8].