Greatchem: Wholly-owned subsidiary plans to jointly invest 3 million yuan with related parties to establish a joint venture company

Greatchem announced that on October 23, 2025, the company's board of directors approved the proposal for its wholly-owned subsidiary, Guangzhou Henong, to jointly invest with related natural persons Wang Shiyin, Wu Guanghui, and Che Lin to establish Shaoguan Henong. The registered capital of the joint venture is 3 million yuan, with Guangzhou Henong contributing 2.55 million yuan, accounting for 85%; the three related persons each contribute 150,000 yuan, each accounting for 5%. The three related persons are the company's deputy general manager and directors. This transaction constitutes a related party transaction, does not constitute a major asset restructuring, is priced in accordance with the principle of fairness, is funded from self-owned funds, and has no significant adverse impact on the company's finances and operations