Core Viewpoint - 百果园集团 has entered into a capital injection agreement, allowing key executives to invest in 百果园商业管理, thereby diluting 百果园集团's ownership but ensuring continued financial consolidation of 百果园商业管理's performance into the group's financial statements [1][3] Group 1: Capital Injection Agreement - The company has signed a capital injection agreement on February 2, 2026, where Mr. Tian Xiqiu and Mr. Lai Xianyong will each invest in 百果园商业管理 at a price of RMB 1.0 per share, contributing RMB 660,000 and RMB 300,000 respectively [1] - Following the capital injection, Mr. Tian and Mr. Lai will hold approximately 33.67% and 15.31% of 百果园商业管理, respectively, reducing 百果园集团's ownership from 100% to 51.02% [1] Group 2: Loan Agreements - The company, as a lender, has entered into a supplementary agreement to convert a loan of RMB 180 million to 百果园商业管理 into an interest-bearing loan, with a term ending on March 31, 2029, at an interest rate of 3.2% [2] - Additionally, the company has conditionally agreed to provide a loan of up to RMB 70 million to 百果园商业管理, also with a term ending on March 31, 2029, at the same interest rate [2] Group 3: Business Development and Management - The company recognizes that 百果园商业管理 requires additional resources for its business activities, including quality suppliers, franchisees, professional management, and funding [3] - Mr. Tian Xiqiu has extensive resources in the snack supply chain and is expected to support the future development of 百果园商业管理, while Mr. Lai Xianyong will oversee market expansion, supply chain optimization, and overall management of 百果园商业管理 [3] - The company has agreed to allow Mr. Tian and Mr. Lai to invest as shareholders in 百果园商业管理, sharing the risks and returns associated with the new business segments [3]