Da Yilong (002209.SZ) subsidiary Tianjin Baolong will shut down production lines.

News from the Zh Tng Finance and Economics APP, D Y Lng (002209.SZ) announced that its wholly-owned subsidiary, Tianjin Baolong Packaging Technology Development Co., Ltd. (referred to as "Tianjin Baolong"), has been significantly affected by the strategic layout adjustment of downstream core customers, leading to a sharp decline in contract manufacturing orders and a downward trend in profitability. In order to reduce operating costs and improve operational efficiency, the company plans to shut down the production line of Tianjin Baolong and continue operations in the future by changing the business model according to market conditions.