Shenchiji Dian: Jiaxing Xingyu completes an investment of 99,999,999.99 yuan in Hubei Xingchen.

Shenchi Electromechanical announced that the company, as a limited partner, invested 60 million yuan in Jiaxing Xingyu, holding a 50% stake. Recently, Jiaxing Xingyu completed its investment in Hubei Xingchen Technology Co., Ltd., with an investment amount of 99.999921 million yuan, and a stake of 1.0126%. This investment will not have a significant impact on the company's financial and operational status, but there are risks of not achieving expected returns and being unable to exit in a timely and effective manner. The company will closely monitor the fund's progress and disclose information in a timely manner.