Guangbo Co., Ltd. announced that the board of directors of the company reviewed and passed the bill, agreed to cancel Guangbo Industrial Co., Ltd., a wholly-owned overseas subsidiary, and authorized management to handle matters relating to liquidation and cancellation. The matter is within the decision-making authority of the board of directors, does not need to be submitted to the shareholders' meeting for consideration, and does not involve related transactions or major asset restructuring. Guangbo Cambodia has a registered capital of 2 million US dollars. The company holds 100% of the shares. It is mainly engaged in the manufacture of export cultural and educational office supplies. Currently, there is no actual production or operation. As of June 30, 2026, the company had net assets of RMB 14.461 million and a net loss of RMB 243,500 from January to June 2026. The cancellation is aimed at optimizing overseas business layout adjustments. It is expected that there will be no significant asset loss and no significant adverse impact on the company's operations and finances.

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