Yingxin Development: Canal Changji, a wholly-owned subsidiary, plans to invest 19 million RMB to establish a partnership enterprise.

Yingxin Development Announcement: Wholly-owned subsidiary Yunhe Changji intends to establish Xiaoshan Fund in partnership with Tianji Fund and other limited partners, with a total capital subscription of 200 million yuan from all partners. Yunhe Changji plans to contribute 19 million yuan from its own funds, accounting for 9.5% of the total. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring. Therefore, no shareholder meeting approval or approval from other relevant departments is required.