GuiZhou YongJi Printing (603058.SH): Invest 10 million yuan to establish a subsidiary, Kannabis.

Guizhou Yongji Printing (603058.SH) issued an announcement to further integrate resources, optimize capital allocation, reduce operating costs, and enhance cross-border investment efficiency in order to meet the needs of the company's investment and trade facilitation. The company's wholly-owned subsidiary, Guizhou Yongji Industrial Development Co., Ltd. (hereinafter referred to as "Yongji Industrial"), recently invested 10 million yuan to establish a wholly-owned subsidiary, Kannabis (Fujian) Trading Co., Ltd. (referred to as "Kannabis") in the Fuzhou area of the China (Fujian) Free Trade Zone, to fulfill the company's corresponding foreign investment functions. In order to better optimize the company's business segment management structure and resource allocation according to the company's strategic planning and business development needs, Yongji Industrial, the company's wholly-owned subsidiary, plans to transfer equity between Yongji Industrial and Kannabis. This equity transfer is within the scope of subsidiary subsidiaries of the company's consolidated financial statements and does not involve changes in the scope of the consolidated financial statements.