Sifangda: Holding subsidiary Henan Tianxuan plans to invest approximately 450 million yuan to build a CVD diamond project.

Square reached a public announcement. Its holding subsidiary, Henan Tianxuan Semiconductor Technology Co., Ltd., signed an "Investment Contract for a 25,000 Piece CVD Diamond Project" with the People's Government of Sha'ya County, planning to invest approximately 450 million yuan to build a 25,000 piece CVD diamond project, with fixed asset investment of about 315 million yuan. The project is expected to have a construction period of 2 years, with funds sourced from Henan Tianxuan's own funds or self-raised funds. This investment has been approved by the board of directors and does not constitute a related transaction or major asset restructuring.