Ke Chuan Technology: Wholly-owned subsidiary Ke Chuan Photon is actively engaged in market development work and has not yet generated revenue.

Kechuan Technology announced a significant event notice. As of the announcement disclosure date, the company's wholly-owned subsidiary Kechuan Photon Technology Co., Ltd. was established in February 2024, dedicated to the design of silicon photon chips and the research and development of optical modules. The optical module is in the sampling stage, with a long verification cycle. Currently, Kechuan Photon is actively conducting market development work and has not generated revenue, which does not have a significant impact on the company's current revenue. The uncertainty of obtaining orders in the future should be noted by investors for potential investment risks.