Zhi Chun Technology: Abandoning subsidiary's right of first refusal for capital increase.

Announcement from Pure Technology: The holding subsidiary Shanghai Zhichun Precision Gas Co., Ltd. intends to introduce investors through capital increase and share expansion, and existing shareholders will give up their preemptive rights. Qingdao Haijin Zhichun Equity Investment Partnership Enterprise intends to obtain 825 million yuan of new registered capital with 90 million yuan, Qingdao Xihai Industrial Investment Fund Partnership Enterprise intends to obtain 916.67 million yuan of new registered capital with 100 million yuan, Merkel Greisheim Investment Co., Ltd. intends to obtain 458.33 million yuan of new registered capital with 50 million yuan, Zhenghe Gongchuang Haihe Investment Partnership Enterprise intends to obtain 229.17 million yuan of new registered capital with 25 million yuan, and Zhejiang State Asset Innovation Equity Investment Co., Ltd. intends to obtain 458.33 million yuan of new registered capital with 50 million yuan. After the capital increase, the registered capital of the target company will increase from 138 million yuan to 167 million yuan. The company will continue to act as the controlling shareholder, and the act of waiving preemptive rights is in compliance with relevant laws and regulations.