Core Viewpoint - The company plans to invest CNY 30 million to establish a wholly-owned subsidiary in Dongfang City, Hainan Province, focusing on non-main crop seed production, agricultural scientific research, and smart agricultural management, in response to national seed industry revitalization strategies [1] Group 1: Investment Details - The new subsidiary has completed its business registration and will engage in seed production, agricultural research, and development [1] - The investment aims to leverage the policy advantages and natural endowments of Hainan Free Trade Port to enhance the company's breeding and R&D capabilities [1] - This investment represents 0.83% of the company's net assets and will not significantly impact its financial status or operating results [1] Group 2: Strategic Implications - The initiative is part of the company's strategy to expand its regional business layout and improve the seed industry supply chain [1] - The investment has been approved by the company's board of directors and does not require shareholder approval, nor does it involve related party transactions or constitute a major asset restructuring [1]