Do Shi Technology: In 2025, the company's main funds will be invested in two main areas, including additional equity investments in companies such as Strong Mind Technology.

Tao Technology stated at the performance briefing on April 20 that by 2025, the company's funds will mainly be invested in two areas: firstly, to increase equity investment in companies such as Qiangnao Technology and Tashan Technology, in order to deepen the company's industrial chain layout, expand the application scenarios of company materials, and strengthen the platform and technological synergy with the invested companies; secondly, to promote the expansion and construction projects of fixed assets such as cathode copper and single-walled tubes. Future production capacity expansion will focus on key areas such as single-walled carbon nanotubes, silicon-carbon anode materials, and cathode copper, and research and development resources will also be prioritized for core products such as single-walled tubes and silicon-carbon materials. In terms of overseas business, the company will continue to deepen its layout and steadily promote the globalization of its industries.