Raging Fire Communications: Decided to terminate participation in investing in the establishment of a fund partnership company.

Fenghuo Communication announced that the company was planning to establish the Fenghuo Entrepreneurship Investment Fund with Unicom Ventures Xinxin private equity investment fund partnership and others. The company intended to subscribe for a capital contribution of 377 million yuan, accounting for 37.7% of the total capital contribution of the Fenghuo Entrepreneurship Investment Fund. Based on the current progress of relevant work and considering factors such as the company's strategic development plan, after careful study and friendly negotiation with the counterparty, the company decided to terminate this investment. As of the date of this announcement, the company has not actually made any investment and is not required to assume any responsibility or obligations for the termination of this investment.