Xinxiang Micro: Wholly-owned subsidiary plans to increase capital of Beidian Numerical Intelligence by 100 million yuan.

Xinxiangwei announcement, wholly-owned subsidiary Xinxiang Technology intends to increase its capital in Beijing Electronic Digital Technology Co., Ltd. with its own funds of 100 million RMB. Beijing Digital Intelligence is a holding subsidiary of Beijing Electric Control, and this transaction constitutes a related party transaction. Beijing Digital Intelligence is a technology innovation AI company under Beijing Electric Control that focuses on original, disruptive, and leading technologies and data-driven innovations. In order to seize the explosive growth opportunities in the artificial intelligence industry, the company plans to strategically invest in high-quality AI companies, build a two-way enabling industrial synergy ecosystem, incubate and cultivate more market-oriented new technologies, products, businesses, and models, and create more value for the company's business development and shareholders.