Shunyu Holdings: Plans to establish a water management intelligence subsidiary.

Shunyu announced on the evening of August 28 that the company plans to use its own funds of 40 million yuan to establish a wholly-owned subsidiary "Shanghai Shunyu Water Management Intelligent Calculation Low Carbon Limited Company" in Shanghai. The purpose of the investment is to deepen the national layout based on the company's strategic planning and future business development needs, with Shanghai as the core hub, efficiently connecting with the industrial cluster and innovation ecosystem in the Yangtze River Delta region, accelerating technological innovation and results transformation in the field of water management intelligent calculation, expanding the company's business scope and market areas, and continuously strengthening the company's core competitive advantages.