The company's indirectly wholly-owned subsidiary, Fong's National Dyeing & Finishing Guangdong, proposed on December 31, 2025, to sell its 25% equity interest in Yelin Textile Technology through a listed transfer on the Beijing Equity Exchange Co., Ltd. The minimum transaction price for the proposed sale has been set at RMB 33.98 million.

Currently, the Group is progressively divesting its non-core businesses to concentrate resources on further streamlining the corporate structure and comprehensively optimizing and integrating its core operations, thereby maximizing value for shareholders. The Board of Directors believes that if the proposed sale is finalized, it will realize capital appreciation and have a positive impact on the company's financial position.