[Qinghai Huading: plans to dissolve and liquidate Sun Company] June 12, Qinghai Huading announcement, the company's wholly-owned subsidiary Guangzhou Yifeng Enterprise Management Co., Ltd. holding 60% of the holding subsidiary Juli Machinery has not carried out production and operation for a long time and is at a standstill, so it is no longer necessary to exist. In order to improve liquidity, the company intends to dissolve and liquidate Juli Machinery. If this dissolution and liquidation is successfully implemented, Juli Machinery will not be included in the scope of the company's consolidated statements. In addition, because Juli Machinery has not carried out business for a long time, dissolution and liquidation has little impact on the company's business development and profit and loss.