First Journey Holdings: Plans to invest in the smart enterprise ITAI Smart Aviation.

First Journey Holdings issued a voluntary announcement, announcing that its wholly-owned subsidiary First Journey Capital Management's fund has recently completed an investment in Shanghai Tesi Zhixing Technology Co., Ltd. The purpose of this investment is to empower the invested company in core technology research and development, iterative upgrading, and key talent reserves, and to promote the development of China's artificial intelligence industry. In terms of background, Tesi Zhixing is a leading artificial intelligence company in China, achieving key technological breakthroughs in full-stack AI layout, human-centered data new paradigm, and universal artificial intelligence large models with landing capabilities, and setting a Guinness World Record for "the most times a robot assembles sub-millimeter wire harnesses in one hour." The specific amount of this investment is not disclosed, and it does not trigger mandatory disclosure standards, belonging to strategic cooperative industry investment. Looking ahead, First Journey Holdings will continue to increase investment in the robotics industry, deepen strategic cooperation with industry leaders, accelerate the application and industrialization of artificial intelligence technology in multiple scenarios through capital empowerment and industry synergy, and promote the development of new quality productivity in China's manufacturing industry.