Core Points - Shenzhen Jiayinwang Technology Co., Ltd. has approved the proposal to deregister its subsidiary, Jiayinwang Cultural Technology (Hong Kong) Co., Ltd. [1] - The decision was made to optimize resource allocation and improve management and operational efficiency [1] - The registered capital of the subsidiary to be deregistered is 500,000 HKD, and it is located in Tsuen Wan, Hong Kong [1] - The proposal received unanimous approval with 5 votes in favor, and it does not involve any related party transactions [1] Summary by Category Company Actions - The company has decided to deregister Jiayinwang Cultural Technology (Hong Kong) Co., Ltd. to enhance operational efficiency [1] - The subsidiary's deregistration will not negatively impact the overall business development or profitability of the company [1] Financial Details - The registered capital of the subsidiary being deregistered is 500,000 HKD [1] - The business nature of the subsidiary includes the production and trade of electronic music products [1]