HaiRong Technologies: Setting up a wholly owned subsidiary, HaiRong Hong Kong Technology Development, in Hong Kong with a capital of $100,000.

Announcement from OceanTech: In accordance with strategic planning and business development needs, the company has invested $100,000 in Hong Kong and established a wholly-owned subsidiary, OceanTech Development Limited. The company directly owns 100% of the shares of OceanTech Development in Hong Kong. Recently, the company has completed the registration procedures for OceanTech Development and obtained a "Certificate of Incorporation" and "Business Registration Certificate" issued by the Companies Registry of the Hong Kong Special Administrative Region.