Zhengyu Industry: It plans to purchase assets such as machinery and equipment from its subsidiary for 44.063 million yuan.

Zhengyu Industrial announced that the company plans to use its own funds of 44.063 million yuan to purchase assets such as machinery and equipment from its partially owned subsidiary Taizhou Yuxin, for the production of piston rods required for automotive suspension system shock absorbers. The company holds a 20% stake in Taizhou Yuxin. This transaction has been approved by the board of directors, but has not reached the approval standard of the shareholders' meeting and does not require approval from relevant departments. In the past 12 months, in addition to routine related party transactions, the company and Taizhou Yuxin have had a total transaction amount of 2.9978 million yuan. The transaction will result in additional depreciation expenses affecting profits and risk of asset impairment.