Chengdu Dahongli Machinery Co., Ltd. (hereinafter referred to as "Zhen Ding Machinery"), a wholly-owned subsidiary of the company, invested in and established PT. Dahongli Machine Indonesia, a 100% holding company in Indonesia, according to the company's operating plan and global strategy for further expanding overseas markets. The registered capital is 1 billion Indonesian rupiah (approximately 61,000 US dollars, approximately 4.43 million yuan). The company invested 700 million Indonesian rupiah, accounting for 70% of the shareholding; Zhen Ding Machinery invested 300 million Indonesian rupiah, accounting for 30% of the shareholding.

To further expand the overseas market business, promote the exchange and cooperation between the company and the Indonesian market, enhance the company's comprehensive strength and market competitiveness, and create more opportunities and favorable conditions for the company's development according to the company's operation plan and global strategy.