Xiling Information: Intends to establish a holding subsidiary with a proposed investment of 11 million yuan.

Announcement of Xiling Information: The company plans to jointly invest in the establishment of Xinjiang Xiling Xinyun Intelligent Computing Technology Co., Ltd. with Bu'erjin County Xinyun Arithmetic Science and Technology Co., Ltd., with a registered capital of RMB 20 million. The company will contribute RMB 11 million with its own funds, holding 55% of the shares. This investment aims to comply with the development trend of deep integration of artificial intelligence and the real economy, promote the company's extension from software application end to AI hardware infrastructure, build a complete industrial chain layout, and cultivate new profit growth points.