University of Electronic Science and Technology: The suspension of work and production in the company's new area is a phased measure based on the current operating situation.

In response to the question raised by investors "There have been recent reports that the company's new division has ceased operation for 3 months due to operational difficulties, is this true?", the Electric Science Institute stated on the interactive platform on July 23 that the suspension of operations at the new division was a phased measure taken based on the current business situation. This adjustment is aimed at addressing the complex operating environment to achieve overall cost reduction for the listed company, and some of the original business will be taken over by the company's headquarters in Wuzhong. The above-mentioned adjustment will not have a significant adverse impact on the overall operation of the company.