ASIA AROMA and its wholly-owned subsidiary Thailand ASIA AROMA signed a "Cooperation Framework Agreement" with Xin Xin Xiang Rong. The agreement stipulates that Thailand ASIA AROMA will build a new synthetic vanillin production line within the existing factory area, with Xin Xin Xiang Rong providing technical support; ASIA AROMA and Xin Xin Xiang Rong plan to jointly invest in establishing a joint venture company in Hong Kong as a sales platform for the cooperative products, with ASIA AROMA investing RMB 510,000 for a 51% stake and Xin Xin Xiang Rong investing RMB 490,000 for a 49% stake; Xin Xin Xiang Rong will provide raw materials and technical authorization for the production of synthetic vanillin products to Thailand ASIA AROMA, which will pay the corresponding technical authorization fees; the Hong Kong joint venture company will be responsible for the external sales of the cooperative products produced by Thailand ASIA AROMA. Once the production line reaches full capacity, it is expected to achieve an annual production capacity of 4,000 tons of synthetic vanillin, generating an annual revenue of RMB 400 million. This investment is based on the company's overall development strategy and is beneficial for enhancing comprehensive competitiveness and promoting sustainable and healthy development