Sky Earth Technology: The company plans to use its own funds to invest 450 million yuan to hold a 90% stake in the establishment of a joint venture company.

Tian Di Technology Announcement: The company plans to jointly invest with the controlling shareholder China Coal Technology to establish a joint venture company in Haikou City, Hainan Province called Hainan Company. The company plans to invest 450 million yuan with its own funds, holding a 90% stake.