Dongguan Huali Industries announcement, acquiring 51% equity of Shangyuan Asia Vets in cash, with a total transaction consideration of 0.358 billion yuan. Recently, Shangyuan Asia Vets has completed the relevant industrial and commercial change registration procedures, and the company holds 51% equity of Shangyuan Asia Vets. After this transaction is completed, Shangyuan Asia Vets will become a wholly-owned subsidiary of Dongguan Huali Industries and will be included in the company's consolidated financial statements. However, there are still risks in this transaction such as performance commitments not being met, goodwill impairment, integration issues, unrecoverable accounts receivable, and loss of key personnel.