Group 1 - The company’s wholly-owned subsidiary, Nantong Laiwei Investment Development Co., Ltd., has signed a partnership agreement with Xiamen Zongheng Jinding Private Fund Management Co., Ltd. to participate in a private equity investment fund [1][2] - The fund, named "Qiongqing City Bifang Venture Capital Partnership (Limited Partnership)," has been registered with the Asset Management Association of China and has obtained the Private Fund Registration Certificate [2] - The fund management company is Xiamen Zongheng Jinding Private Fund Management Co., Ltd., and the custodian bank is Industrial Bank Co., Ltd. The registration date is May 27, 2025, with the registration code SAYT62 [2] Group 2 - The company will continue to monitor the progress of this investment and will disclose any significant developments in accordance with relevant laws and regulations [2]