002749SZSE

Announcement on the Investment to Establish Chongqing Yier Shuangfeng Agricultural Supplies Co., Ltd.

✨ AI Summary

Sichuan Guoguang Agricultural Chemical Co., Ltd. plans to invest 10 million yuan to establish Chongqing Yier Shuangfeng Agricultural Supplies Co., Ltd. as a wholly-owned subsidiary. This investment aims to enhance the sales and technical services of Yier Shuangfeng products. The investment does not constitute a related party transaction or a major asset restructuring, and it is expected to positively impact the company's strategic development and operational efficiency.

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Full Translation

AI Translation· azure_openai

Securities Code: 002749

Securities Abbreviation: Guoguang Co., Ltd.

Announcement Number: 2026-026

Sichuan Guoguang Agricultural Chemical Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

On June 3, 2026, the Company convened the tenth (temporary) meeting of the sixth Board of Directors to review and approve the proposal on the investment to establish Chongqing Yier Shuangfeng Agricultural Supplies Co., Ltd. (tentative name) (hereinafter referred to as "Shuangfeng Agricultural Supplies"). The specific circumstances are as follows:

1. Overview of External Investment

Sichuan Guoguang Agricultural Chemical Co., Ltd. plans to invest in the establishment of Chongqing Yier Shuangfeng Agricultural Supplies Co., Ltd. in accordance with the Company's development strategy. According to the relevant provisions of the Company's Articles of Association, this investment matter does not require submission for approval by the Company's shareholders after being reviewed and approved by the Board of Directors. This investment does not constitute a related party transaction, nor does it constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies."

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