Zhangzidao announced that in order to resolve the issue of competition with the company, Yanhua Group plans to entrust the company with the operation and management of 22 cases, totaling 1074.71 mu of self-raised sea cucumber circles; the company's board of directors has reviewed and passed the relevant bill, and the two parties intend to sign an agreement for a period of three years. The management fee will be collected every year at 2% of the relevant sea cucumber ring's revenue.

Zhangzidao announced that in order to resolve the issue of competition with the company, Yanhua Group plans to entrust the company with the operation and management of 22 cases, totaling 1074.71 mu of self-raised sea cucumber circles; the company's board of directors has reviewed and passed the relevant bill, and the two parties intend to sign an agreement for a period of three years. The management fee will be collected every year at 2% of the relevant sea cucumber ring's revenue.