Tuo Jing Technology: Intends to jointly invest in Sinophen Precision with affiliated party Fengquan Venture.

Tuo Jing Technology Announcement: The Company intends to jointly invest in Xinfeng Precision with the related party Fengquan Venture Capital. The Company intends to acquire 9.9838 million yuan of registered capital held by the original shareholders of Xinfeng Precision at a price not exceeding 270 million yuan, accounting for 16.4154% of Xinfeng Precision's registered capital after this round of financing; Fengquan Venture Capital intends to acquire 1.1093 million yuan of registered capital held by the original shareholders of Xinfeng Precision at a price of 30 million yuan, accounting for 1.8239% of Xinfeng Precision's registered capital after this round of financing. This transaction involves a joint investment with the related party Fengquan Venture Capital, constituting a related transaction, but not constituting a major asset reorganization as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies". This transaction has been approved by the 21st meeting of the second board of directors of the company, and the related directors Mr. Lu Guangquan and Ms. Liu Jing have abstained from voting. This matter still needs to be submitted to the company's shareholders' meeting for approval.