Group 1 - The core point of the article is the internal restructuring at International Industry, with the resignation of Mr. Shen Yong from his positions as director, board secretary, and financial director, while he will continue to serve as deputy general manager [1] - The company has proposed to appoint Mr. Chen Yucheng as the new board secretary following the resignation [1] - The company held its ninth board's eighth temporary meeting on September 1, 2025, where the appointment of the new board secretary was approved [1] Group 2 - For the first half of 2025, the revenue composition of International Industry was as follows: wholesale of oil and chemical products accounted for 67.59%, manufacturing accounted for 30.35%, other industries accounted for 1.78%, and warehousing services accounted for 0.28% [1] - As of the time of reporting, the market capitalization of International Industry is 2.7 billion [1]

Core Viewpoint - Huaxi Co., Ltd. plans to acquire 100% equity of Jiangyin Xiefeng Cotton and Hemp Co., Ltd. for a total transaction amount of 90 million RMB, aiming to integrate regional warehousing resources and expand its warehousing service business [1] Group 1 - The acquisition will be funded by the company's own capital [1] - Upon completion of the transaction, Jiangyin Xiefeng Cotton and Hemp Co., Ltd. will become a wholly-owned subsidiary of Huaxi Co., Ltd. [1]