Tencent Technology: Plans to establish a subsidiary with 35 million yuan to implement the optoelectronic component project.

Tengjing Technology announced that the company held a board meeting on March 9, 2026 and approved the establishment of a wholly-owned subsidiary Tengjing Optical Communication Technology Co., Ltd. with a planned investment of 35 million yuan to implement the "Optoelectronic Component Manufacturing Base Project". This investment does not involve related party transactions or major asset restructuring, and can enhance order delivery capabilities to meet market demand. However, the implementation process may face risks such as market competition and industry fluctuations. Subsequent implementation will require filing or approval from relevant regulatory authorities.