Baiyang Group: The company has established two enterprises in Haikou, Hainan.

Baoyang shares answered investors' questions on the interactive platform, stating that Hainan is the core production area of tilapia in China. Baoyang shares focus on the tilapia processing business and have strategically positioned themselves in the feed production and deep processing industry to enhance product added value. Based on strategic planning, the company has established two enterprises in Haikou, Hainan: Hainan Jiadexin Food Co., Ltd., which mainly focuses on tilapia processing, and Hainan Xianxuan Food Technology Co., Ltd., which specializes in deep processing of tilapia. At the same time, the company has also set up Hainan Baoyang Aquatic Food Co., Ltd. in Wenchang, which mainly focuses on tilapia processing, and Hainan Baoyang Feed Co., Ltd., which primarily focuses on tilapia feed production.