Yibin Paper Industry announced that the company plans to jointly establish a joint venture company with related parties Push Linked and Global Shenzhou, and the company plans to be named Sichuan Jinzhu New Materials Limited Liability Company. The registered capital of the joint venture company is 0.2 billion yuan, with Yibin Paper Industry planning to contribute 0.12 billion yuan in cash, holding 60%; Push Linked planning to contribute 0.04 billion yuan in cash, holding 20%; Global Shenzhou planning to contribute 0.04 billion yuan in cash, holding 20%. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring.