Zhaochi Corporation: Director Li Xinwei resigns due to personal retirement reasons.

Megachip announced that the Board of Directors has received a written resignation report from Director Li Xinwei. Li Xinwei applied to resign from the position of company director due to personal retirement reasons, and will not hold any positions in the company after leaving office. His resignation will not result in the Board of Directors falling below the legal minimum number of members, nor will it affect the normal operation of the Board of Directors. The resignation will take effect from the date of delivery to the Board of Directors. The Board of Directors will promptly complete the election process for a replacement. Li Xinwei does not hold any shares in the company, and the company and the Board of Directors appreciate his contributions.