Li Jun Company: Intends to invest up to 3 million US dollars to establish a subsidiary.

Li Jun Group announced that the company plans to establish 2 wholly-owned secondary subsidiaries in Hong Kong through its wholly-owned subsidiary Li Jun Holdings in Singapore, and to establish 1 wholly-owned tertiary subsidiary in Peru through the newly established Hong Kong subsidiaries, with a total investment not exceeding 3 million US dollars. The source of external investment funds this time is the company's own funds, which will not have a significant impact on the company's production and operation results for the current year.