Aladdin: Progress in the acquisition of a partial stake in the subsidiary held by the fully-owned subsidiary.

Aladdin announced that its wholly-owned subsidiary, Kexue Valley, plans to purchase 40% equity interests in Kasima Technology's employee shareholding platforms Jiaxing Kefu, Jiaxing Kewang, and Jiaxing Kejin with its own funds or self-raised funds. Recently, Jiaxing Kejin has completed its business registration procedures, with Kexue Valley appointing Zhao Liping as the executive partner, with Kexue Valley holding a 40% contribution ratio and other partners holding a 60% contribution ratio, with a total investment of 5.94 million yuan.