Biyi Co., Ltd. announced that the company plans to invest 2 million yuan of its own funds to establish a wholly-owned subsidiary, Ningbo Biyi Import and Export Co., Ltd. This investment aims to support the smooth running of the company's overseas production capacity base, particularly providing import and export trade agency services for the production base in Thailand. The engineering & construction of this base has entered the finalization stage, and it is expected to be put into trial production in the first quarter of next year. The establishment of the new subsidiary will help the company expand into the Southeast Asian market and respond to international trade risks, positively affecting the company's overall scale expansion and profitability improvement. This investment will not have a significant adverse impact on the company's finances.