Jingda Shares: Subsidiary plans to subscribe to private equity fund shares for US$15 million.

Jingda Shares announced that its wholly-owned subsidiary, Jingda Hong Kong, intends to use its own funds of USD 15 million to subscribe for shares in the HK BVF I LPF fund, accounting for 15% of the fund's target size of USD 100 million. The fund focuses on the technology sector, with a key focus on industrial investment opportunities in Hong Kong and overseas markets. This transaction does not constitute a related-party transaction or a major asset restructuring, has been approved by the company's board of directors, and does not need to be submitted to the shareholders' meeting for review. As of the announcement date, Jingda Hong Kong has not yet signed a formal agreement, and there is uncertainty regarding the implementation of this investment, and it may face the risk that investment returns fall short of expectations.