Haichuan Intelligent: The board of directors has approved the establishment of a wholly-owned subsidiary with a registered capital of 10 million yuan.

Haiduan Intelligent announced that the proposal to establish a wholly-owned subsidiary was approved at the board meeting on August 28, 2025. Due to actual management and business needs, the company plans to make changes to the name, address, and business scope of the proposed wholly-owned subsidiary. On August 7, 2026, the company held the ninth meeting of the fifth board of directors and approved the proposal for establishing a wholly-owned subsidiary, agreeing to set up Suzhou Haichuan Optical Link Technology Co., Ltd. in Kunshan, Suzhou, Jiangsu Province, with a registered capital of 10 million RMB, funded by the companys own capital, holding a 100% equity stake.