Core Insights - Sichuan Zigong Transportation Machinery Group Co., Ltd. (referred to as "Yunji Group") has established a wholly-owned subsidiary, Shanghai Ruqi Jieke Technology Service Co., Ltd. (referred to as "Yunji Shanghai Company"), with a registered capital of 200 million yuan [2] - The new subsidiary will serve as the East China headquarters for Yunji Group, focusing on international strategic layout, overseas direct investment in aftermarket business, international trade, and global customer relationship management [2][4] Business Focus Areas - Yunji Shanghai Company will concentrate on three main business areas: deepening cooperation with international mining giants and engineering machinery service providers, integrating supply chain resources in the Yangtze River Delta, and investing in smart operation and maintenance service platforms in countries along the "Belt and Road" initiative, starting with Guinea in West Africa and expanding to Central Africa, East Africa, Southeast Asia, Central Asia, South America, and Europe [4] - The establishment of Yunji Shanghai Company supports Yunji Group's strategic transformation from a traditional equipment manufacturer to a comprehensive service provider, enhancing the company's system integration capabilities and overall competitiveness [4]

Core Insights - Yunjigroup has experienced a decline for five consecutive trading days, with a cumulative drop of -8.28% [1] - Sichuan Zigong Transportation Machinery Group Co., Ltd. was established in September 2003 and is a leading enterprise in the design, manufacturing, and installation of bulk material conveying machinery in China [1] - The company is recognized as a key high-tech enterprise under the National Torch Program and is a prominent manufacturer in the western region of China [1] Financial Performance - Bosera Fund's Bosera Convertible Bond Enhanced Bond A has entered the top ten shareholders of Yunjigroup and is a new addition in the second quarter of this year [1] - The fund has achieved a year-to-date return of 17.73%, ranking 8th among 1229 similar funds [2] Fund Management - The fund managers for Bosera Convertible Bond Enhanced Bond A are Guo Jun and Gao Hui [4][7] - Guo Jun has extensive experience in fixed income and has been with Bosera Fund since 2005, managing various funds over the years [5][6] - Gao Hui has been managing funds since 2011 and currently oversees multiple funds, including the Bosera Convertible Bond Enhanced Bond A [7]