Shibei High-tech Zone: The company currently does not engage in stablecoin-related business.

The company has noticed that the concept of "stable coins" has received high attention in the market recently. After conducting a self-inspection, the company currently does not engage in any "stable coin" related business. The company's operation in Shibei High-tech Park is also not involved in the stable coin industry. The company has investments in Pujiang Shulian and Shufake. The company holds 6% of Pujiang Shulian's shares and 2.56% of Shufake's shares. The company's investment in the two joint-stock companies is relatively low, and it does not participate in the daily management of the two joint-stock companies, and will not have a significant impact on the company's operating performance.