Core Viewpoint - The company has approved a capital reduction for its subsidiary, Beijing Aoxiang Weiyuan Technology Co., Ltd., from 39.21 million yuan to 11 million yuan, which constitutes an associated transaction but does not qualify as a major asset restructuring under relevant regulations [1][6]. Summary by Sections 1. Overview of Associated Transactions - The company holds a 51.01% stake in Aoxiang Weiyuan, while Beijing Guofu Weiyuan Information Technology Partnership holds 39.99%, and other shareholders hold the remaining shares. The capital reduction will be executed proportionally among all shareholders, maintaining their ownership percentages [1][2]. 2. Basic Information of Associated Parties - Beijing Guofu Weiyuan is a limited partnership established on September 30, 2024, with a registered capital of 500,000 yuan. The managing partner is Beijing Aoxiang Intelligent Equipment Co., Ltd. [2][3]. 3. Financial Data of the Target Company - As of December 31, 2024, Aoxiang Weiyuan had total assets of 42.59 million yuan, total liabilities of 31.90 million yuan, and net assets of 10.69 million yuan. For the first half of 2025, total assets were 42.01 million yuan, total liabilities were 35.36 million yuan, and net assets were 6.65 million yuan. The company reported a revenue of 2.46 million yuan and a net loss of 1.72 million yuan for 2024, with a net loss of 4.04 million yuan for the first half of 2025 [5][6]. 4. Impact of the Capital Reduction - The capital reduction is aligned with the company's operational needs and is expected to enhance asset operational efficiency. It will not change the consolidation scope of the company’s financial statements or significantly impact its current profits and losses [6][8]. 5. Approval Process and Opinions - The independent directors unanimously approved the capital reduction and associated transaction, confirming that it aligns with the company's operational needs and does not harm the interests of shareholders [8][9].