Group 1 - The establishment of Zhuhai Xiangzhou Guanjie Moving Service Department, a sole proprietorship, has been registered with a capital of 20,000 RMB [1] - The legal representative of the company is Li Guanyu [1] - The business scope includes various services such as loading and unloading, packaging services, transportation of goods, furniture installation and maintenance, housekeeping services, wood processing, and sales of building materials and metal materials [1]

Group 1 - A new company, Jiangsu Jingbangda Supply Chain Technology Co., Ltd., has been established with a registered capital of 10 million yuan [1] - The legal representative of the new company is Zhao Qi, and its business scope includes domestic cargo transportation agency, loading and unloading, and supply chain management services [1] - The company is wholly owned by Beijing Jingbangda Trading Co., Ltd., which is an affiliate of JD Logistics [1]

Core Viewpoint - Guangdong Yuanshang Logistics Co., Ltd. has made significant progress in establishing a wholly-owned subsidiary in Hong Kong, with a registered capital of 3 million HKD and a total investment of approximately 382,200 USD for the project [1][2]. Group 1: Investment Details - The company’s board approved the investment proposal to set up a wholly-owned subsidiary in Hong Kong during a meeting held on June 6, 2025 [1]. - The registered capital for the new subsidiary is set at 3 million HKD [1]. - The project has received the necessary approval from the Guangdong Provincial Development and Reform Commission, with a project registration notice valid for two years [2]. Group 2: Project Specifications - The project is named "Guangdong Yuanshang Logistics Co., Ltd. New Hong Kong Yuanshang Logistics Co., Ltd. Project" [2]. - The total investment for the project amounts to 382,200 USD, with the entire amount funded by the company's own resources [2]. - The main business activities of the new subsidiary will include cargo transportation agency, road cargo transportation, cargo storage services, and loading and unloading operations [2].