On December 27, Gelonghui reported that Qilin Xinan (688152.SH) announced plans to establish wholly-owned subsidiaries in Guiyang, Guizhou Province, and Fuzhou, Fujian Province, to meet the needs of the company's operation strategy development and to better ensure the effective implementation of fundraising projects. The aforementioned wholly-owned subsidiaries will also be added as the implementing entities for the fundraising project "Regional Marketing and Technical Service System Construction Project". Except for the new implementing entities mentioned above, no changes will occur in other aspects of the fundraising project.