Fujian Jinsen announced that the company's wholly-owned subsidiary Jinsen Trading plans to jointly invest with Dayou Cross-border Supply Chain Management Co., Ltd. to establish Fujian Jinsen Dayou Forestry Development Co., Ltd. The joint venture has a registered capital of 10 million yuan, with Jinsen Trading subscribing to an investment of 6 million yuan, holding a 60% stake. This investment matter has been approved by the company's board of directors and does not need to be submitted for shareholder meeting approval. The joint venture will be included in the company's consolidated financial statements and will impact the company's performance.
福建金森：全资子公司金森贸易拟出资600万元设立合资公司
Fujian Jinsen forestry: The wholly-owned subsidiary Jinsen Trading plans to invest 6 million yuan to establish a joint venture.
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