The company has announced that on June 12, 2026, its indirectly wholly-owned subsidiary, Guangdong Jinsheng Environmental Technology Co., Ltd., intends to sell production machinery used for manufacturing corrugated cardboard and paper packaging products to Come Sure (Thailand) Limited for a consideration of RMB 6.3 million.

This move aligns with the recent trend of clients shifting parts of their supply chains to Southeast Asia. The buyer, which has been established and focuses on trading and manufacturing corrugated cardboard and paper packaging products in Thailand, will be able to enhance its production capacity through this transaction.

The board believes that the sale will allow the group to optimize its resource allocation and realize the value of its assets. The net proceeds from the disposal are intended to be used for funding the group's general business operations. As the owner of approximately 23.77% of the buyer's equity, the group is also expected to benefit from the buyer's strengthened capabilities.