Fucheng Shares: The company currently has two subsidiaries, Lingshan Pagoda Cemetery and Shaoshan Tiande Fukudi Cemetery, which are primarily engaged in cemetery plot sales business.

Securities Daily Online News: On March 20, Fucheng Co., Ltd. responded to investor questions on the interactive platform, stating that the company currently has two subsidiaries, Lingshan Baota Cemetery and Shaoshan Tiande Fu Di Cemetery, mainly engaged in grave sales. The company has many related companies, but all related transactions are routine related-party transactions, accounting for a very small proportion of the company’s similar transactions. The transaction pricing is objective and fair, meeting the company’s normal production and operation needs. These do not constitute a dependency on related parties and do not affect the company’s independence.

(Editor: Chu Lijun)

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