Taijia Co., Ltd. announced that the board of directors of the company reviewed and passed the bill to initiate the liquidation and cancellation procedure of Changsha Huijin after the Changsha Huijin Enterprise Management Partnership transferred 0.5244% of its shares to the company. Changsha Huijin has a registered capital of 1.134,400 yuan. The company holds 99.1154% of its share, and its wholly-owned subsidiary, Wuxi Hengjia Sawing Technology Co., Ltd., holds 0.8846% of the share. After the cancellation is completed, Changsha Huijin will no longer be included in the scope of the company's consolidated statements, and the cancellation will not adversely affect the company's overall business development.

Taijia Co., Ltd. announced that the board of directors of the company reviewed and passed the bill to initiate the liquidation and cancellation procedure of Changsha Huijin after the Changsha Huijin Enterprise Management Partnership transferred 0.5244% of its shares to the company. Changsha Huijin has a registered capital of 1.134,400 yuan. The company holds 99.1154% of its share, and its wholly-owned subsidiary, Wuxi Hengjia Sawing Technology Co., Ltd., holds 0.8846% of the share. After the cancellation is completed, Changsha Huijin will no longer be included in the scope of the company's consolidated statements, and the cancellation will not adversely affect the company's overall business development.