Xinxiangwei: In order to seize the explosive growth opportunities in the artificial intelligence industry, the wholly owned subsidiary plans to increase capital of Beidian Shuzhi by 100 million yuan.

Announcement: Xinxiang Technology, a wholly-owned subsidiary of Xinxiang Micro, plans to increase capital to Beijing Electronics Data Intelligence Technology Co., Ltd. with its own funds of 100 million RMB. Beijing Electronics Data Intelligence is a holding subsidiary of Beijing Electronics Control, and this transaction constitutes a related party transaction. Beijing Electronics Data Intelligence is a technology innovation AI company under Beijing Electronics Control, focusing on original, disruptive, and leading technologies with a dual drive of technology and data. In order to seize the explosive growth opportunities in the artificial intelligence industry, the company plans to strategically invest in high-quality enterprises in the AI field, build a two-way empowering industrial collaborative ecosystem, incubate more new technologies, products, businesses, and models that align with market trends, and create more value for the company's business development and shareholders.