Group 1 - The company plans to establish a partnership by contributing 100% equity of its subsidiary, Guangdong Shanying, and 36.56% equity of Xiangheng Creative Packaging, valued at 2.977 billion RMB, to set up Wuhu Shengying Enterprise Management Consulting Partnership [2][17] - The partnership aims to introduce long-term investors, including China Orient Asset Management, Caixin Jixiang Life Insurance, Xinda Capital Management, and Zibo Hengtai Investment Partnership, with a total transfer amount not exceeding 747.5 million RMB [2][17] - The partnership has completed its business registration procedures, and the relevant details were published in various financial newspapers [2] Group 2 - Tianjin Xinlu Financial Equity Investment Partnership and Hangzhou Guangyao Zhixin Hengshuo Enterprise Management Consulting Partnership are designated assignees for the partnership shares [3][4] - The transfer agreement was signed among the company, Tianjin Xinlu Financial, and Hangzhou Guangyao, detailing the transfer of 747.48 million RMB worth of partnership shares, corresponding to 25.09% of the partnership [7][9] - The payment for the transferred shares is to be made within 10 working days after the agreement is signed, and the company will apply for business registration changes within 15 working days after payment [10] Group 3 - The partnership agreement includes provisions for the new limited partners and outlines the investment structure, with Tianjin Xinlu and Hangzhou Guangyao each nominating one member to the investment decision committee [13][15] - The partnership will hold 100% equity of Guangdong Shanying and 36.56% equity of Xiangheng Creative, with a duration of 7 years [15][16] - The partnership's exit mechanism will primarily involve transferring investment project equity and other market-based methods [16] Group 4 - The establishment of the partnership is expected to enhance the company's cash reserves, mitigate liquidity risks, and improve governance levels of the acquired assets [17][18] - The introduction of new investors is anticipated to promote the integrated development of the packaging business and strengthen the company's sustainable development capabilities and core competitiveness [17][18]