Hawaii Group: Intends to subscribe for the initial public offering shares of Aixin Element Wisdom in Hong Kong, with the expected total subscription amount not exceeding 50 million US dollars.

Announcement from Howei Group: Whel Semiconductor Hong Kong Limited, a wholly-owned subsidiary, intends to subscribe for shares in the initial public offering of AiXinYuan Intelligence Semiconductor Limited on the Hong Kong Stock Exchange, with the expected total subscription amount not exceeding 50 million US dollars. This amount does not include brokerage commissions, Hong Kong Stock Exchange trading fees, Hong Kong Securities and Futures Commission trading levies, Financial Reporting Council trading levies, etc. This matter has been approved at the 7th meeting of the 7th Board of Directors of the Company, and the transaction is within the approval authority of the Board of Directors and does not meet the standards for approval by the shareholders' meeting.