Dalian Friendship (Group) Co., Ltd.
Securities Code: 000679
Stock Abbreviation: Dalian Friendship
Announcement No.: 2026—010
Announcement on Establishing Overseas Subsidiaries through External Investment
The company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Overview of External Investment
Dalian Friendship (Group) Co., Ltd. (hereinafter referred to as "the Company") aims to actively implement the "going global" strategy, accelerate the advancement of its overseas market layout, expand overseas channels, optimize resource allocation, and enhance the company's sustainable operational capacity. The Company plans to establish wholly-owned subsidiaries in the UAE, Malaysia, and Guinea through its wholly-owned subsidiary, Hong Kong Yingchi Trading Co., Ltd. (hereinafter referred to as "Hong Kong Yingchi"). The proposal to invest in establishing overseas subsidiaries was approved at the 21st meeting of the 10th Board of Directors held on February 27, 2026, with 7 votes in favor, 0 votes against, and 0 abstentions. According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules and the Company’s Articles of Association, this investment matter falls within the decision-making authority of the Board of Directors and does not require submission for approval by the shareholders' meeting. This investment to establish overseas subsidiaries does not constitute a related party transaction, nor does it constitute a major asset reorganization as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
II. Basic Information of Investment Targets
(1) Investment Method
The Company will invest in cash, with the investment amounts being 1 million dirhams, 1 million ringgits, and 30 million Guinean francs (approximately 3.89 million RMB in total), funded by the Company’s own resources.