BESTWAY announced that the company has established a wholly-owned subsidiary, Taizhou Longhai Special Equipment Technology Co., Ltd., with its own funds of 5 million yuan, holding a 100% stake. Longhai Special Equipment has completed the business registration and obtained the "Business License" issued by the Data Bureau of Taizhou Medical High-tech Industrial Development Zone. After the establishment of Longhai Special Equipment, it will be included in the company's consolidated financial statements and will not have a significant impact on the company's financial status or operating results in the short term, nor will it harm the interests of the company and all shareholders