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Is the Royal Group about to reorganize?
Huang's Group has been reorganized.

Huang's Group Co., Ltd. was registered on May 31, 2001 in the Guangxi Zhuang Autonomous Region Administration for Industry and Commerce. Legal representative Huang Jiadi, the company's scope of business includes shaped packaged milk and dairy products (including stainless steel barrels, 30KG/barrels), and so on.

On May 7, 2018, Huang's Group announced that the company intends to transfer 100% of the equity of its wholly-owned subsidiary, Beijing Shengshi JiaoYang Culture Communication Company Limited, by public listing on the Shanghai United Property Rights Exchange, with the appraised value of the subject assets being 812 million yuan, and the value-added rate being 59.31%.

Huang's Group (002329.SZ) announced that on August 21, 2022, the company signed a Strategic Cooperation Framework Agreement with the Management Committee of Fuyang Economic and Technological Development Zone (hereinafter referred to as "Fuyang Economic and Technological Development Zone Management Committee") in Anhui Province. According to the signed agreement, the company intends to invest in the management area of Fuyang Economic and Technological Development Zone Management Committee to build 10,000 head of dairy farms, dairy products deep processing plant project and annual output of 20GW Topcon high-efficiency solar cell project (led by the subsidiary of Huang's Agricultural Photovoltaic Complementary (Guangxi) Science and Technology Company Limited to set up a new company as the main body of the investment within the jurisdiction of the management committee of the Fuyang Economic and Technological Development Zone to invest in the construction of the project) reached a cooperation **** knowledge.