Group 1 - The Beijing Stock Exchange announced that it will hold the 46th review meeting on December 22, 2025, to review the issuance by Ying's Holdings Group Co., Ltd. [1] - Ying's Holdings has no controlling shareholder, with actual control held by Ma Wenbin, Wan Jianming, and Peng Min, who collectively control 52.02% of the company [1] - The three actual controllers signed a joint action agreement on December 15, 2014, and a supplementary agreement on September 15, 2025, extending the agreement's validity until December 13, 2032 [1] Group 2 - Ying's Holdings plans to raise funds amounting to 33,395.64 million yuan for various projects, including the construction of the Hunan Ying's Maternal and Infant Industry Base (Phase II) Innovation Center [2][3] - The total investment for the projects includes 7,169.43 million yuan for the innovation center, 4,820.32 million yuan for the infant ready-to-eat nutritional porridge production project, and 9,405.80 million yuan for brand building and promotion [3] - The sponsoring institution for this issuance is Western Securities Co., Ltd., with representatives Han Xing and Qu Xiaolong [2][3]