Jincai Interconnection: intends to establish a joint venture company specializing in providing heat treatment services for industries such as robotics and parts manufacturing.

Jincai Internet Finance announced that its wholly-owned subsidiary, Jiangsu Fengdong Heat Technology Co., Ltd., intends to jointly invest 50 million yuan with Shanghai Dongrunjibo Enterprise Management Partnership Enterprise to establish a joint venture company, with Jiangsu Fengdong contributing 30 million yuan, accounting for 60%. Zhu Wenming, the executive managing partner of Dongrunjibo, is the major shareholder, chairman, and general manager of the company, constituting a related party transaction. The establishment of the joint venture company through this investment will focus on the construction of multiple high-end intelligent heat treatment production lines, catering to the specialized heat treatment needs of industries such as automotive components, robotics components, and new energy equipment, and providing high-quality heat treatment technology support for the entire industrial chain. It will also actively expand to other high-end heat treatment customers around Jinan, enhancing the visibility and market share of the "Fengdong" brand in the Shandong region.