Dagang Holding Group announced that its wholly-owned subsidiary Guangdong Dagang Environmental Technology has completed deregistration and will no longer be included in the company's consolidated financial statements. The subsidiary was established on April 12, 2022, with a registered capital of 5 million yuan, mainly engaged in vector biological control, environmental emergency management, and other businesses. As of March 31, 2026, its total assets were 574,800 yuan, net assets were 345,700 yuan, and net profit for the first quarter of 2026 was 543,900 yuan. The company stated that this deregistration aims to optimize resource allocation and reduce management costs. It falls within the decision-making authority of the president's office, does not require submission to the board of directors or shareholders' meeting for review, does not involve related-party transactions or major asset restructuring, and will not have a significant impact on the company's ongoing operating capability or financial condition.
XiAn Dagang Road Machinery CoSubsidiary deregistration to optimize resources and reduce costs, but financial impact is minimal and not significant.