Ruichuang micron: Intends to establish a joint venture company with related parties and sell assets to the joint venture company.

Recreate Nano announced that it plans to jointly invest with Yantai Qichuang to establish a joint venture company with a registered capital of RMB 50 million, of which the company will contribute RMB 25 million and Yantai Qichuang will contribute RMB 25 million. After the establishment of the joint venture company, the company plans to sell its existing physical intelligent terminal business assets at a price of RMB 10.5738 million to the joint venture company for independent operation.