Foshan Coretech: The conflict between the shareholders of the holding company Chengdu Guoteng Electronics Group may continue to exist for a long period of time.

On February 25th, Zhenxin Technology stated on the interactive platform that as of now, the company's production and operation are normal, but the conflicts between the shareholders of the controlling shareholder Chengdu Guoteng Electronic Group Co., Ltd. may continue to exist for a longer period. In order to ensure the normal operation of corporate governance, the company will continue to strengthen the responsibilities of the corporate governance entity and decision-making entity, enhance governance capacity building, strictly operate in accordance with laws and regulations such as the "Company Law" and the "Articles of Association", and actively play the positive role of the board committees and independent directors in corporate governance.