Group 1 - The company held its 10th meeting of the 8th Board of Directors on October 17, 2025, with all 9 directors present, ensuring compliance with relevant laws and regulations [2][3][4] - The Board approved a proposal for the company's subsidiary partnership to invest in establishing a joint venture, which is seen as a strategic decision for long-term growth and resource optimization [3][9][23] Group 2 - The joint venture, tentatively named Huizhou Dehao Guanglian Optoelectronic Technology Co., Ltd., will have a total registered capital of RMB 30 million, with the company's subsidiary contributing RMB 16 million, representing 53.33% of the total [7][14] - The joint venture aims to expand into various lighting sectors, including automotive, smart home, and commercial lighting, thereby enhancing the company's market presence and profitability [8][10][13] Group 3 - The investment does not constitute a related party transaction or a major asset restructuring, and it has been approved by the Board without needing shareholder approval [9][23] - The joint venture's operational structure includes a board of directors and a management team, with profit distribution and loss sharing based on the proportion of capital contributions [17][19][22]

Group 1 - The company, Tao Li Bread (603866.SH), announced plans to reduce the registered capital of its wholly-owned subsidiary, Haikou Tao Li, by RMB 7 million, resulting in a new registered capital of RMB 1 million after the reduction [1] - To optimize resource allocation and asset structure, the company intends to deregister its wholly-owned subsidiary, Baotou Tao Li, aiming to lower management costs and improve operational efficiency [1] - The company plans to increase the capital of Tianjin Tao Li by RMB 10 million, which will raise its registered capital to RMB 15 million upon completion of the capital increase [1]