Minxin Co., Ltd. announced that the company and its wholly-owned subsidiary Minxin Zhiyuan plan to jointly invest 2 million yuan with the controlling shareholder Li Gang to establish a Suzhou Changrui Enterprise Management Consulting Partnership. Among them, Minxin shares pledged 1.08 million yuan, accounting for 54%; Minxin Zhiyuan pledged 20,000 yuan, accounting for 1%; and Li Gang pledged 900,000 yuan, accounting for 45%. This transaction constitutes a related transaction and does not constitute a major asset restructuring. It has been reviewed by the board of directors, and there is no need to submit it to the shareholders' meeting. The partnership business has not been carried out, and there are market and operational risks.

Minxin Co., Ltd. announced that the company and its wholly-owned subsidiary Minxin Zhiyuan plan to jointly invest 2 million yuan with the controlling shareholder Li Gang to establish a Suzhou Changrui Enterprise Management Consulting Partnership. Among them, Minxin shares pledged 1.08 million yuan, accounting for 54%; Minxin Zhiyuan pledged 20,000 yuan, accounting for 1%; and Li Gang pledged 900,000 yuan, accounting for 45%. This transaction constitutes a related transaction and does not constitute a major asset restructuring. It has been reviewed by the board of directors, and there is no need to submit it to the shareholders' meeting. The partnership business has not been carried out, and there are market and operational risks.