Newtech: The company plans to increase the capital of its wholly-owned subsidiary Newtech Limited by up to 36 million RMB equivalent in US dollars, and to establish a wholly-owned subsidiary NTG Technology USA LLC in the United States through Newtech in Hong Kong.

Newtag Announcement: The company plans to increase its capital in its wholly-owned subsidiary Newtag Limited by an amount not exceeding 36 million RMB equivalent to US dollars, and to establish a wholly-owned subsidiary NTG Technology USA LLC in the United States through Hong Kong Newtag.