Shenyu Co., Ltd. announced that it plans to use its own capital to increase the capital of Vietnam's Sun Company Vietnam's Shenyu by 3.1 million US dollars through its Hong Kong subsidiary Hong Kong Shenyu to increase production investment and expand production scale. After the capital increase is completed, Vietnam's Shenyu registered capital will be increased to US$8 million, and the company will indirectly hold 100% of its shares. The capital increase has yet to be approved or filed by the relevant departments, and does not constitute a related transaction or major asset restructuring.

Shenyu Co., Ltd. announced that it plans to use its own capital to increase the capital of Vietnam's Sun Company Vietnam's Shenyu by 3.1 million US dollars through its Hong Kong subsidiary Hong Kong Shenyu to increase production investment and expand production scale. After the capital increase is completed, Vietnam's Shenyu registered capital will be increased to US$8 million, and the company will indirectly hold 100% of its shares. The capital increase has yet to be approved or filed by the relevant departments, and does not constitute a related transaction or major asset restructuring.