Taiji Group: Intends to invest 100 million yuan to establish a wholly owned subsidiary, Taiji Semiconductor Technology Co., Ltd.

Taiji Group announced that the company plans to use its own funds or raise 100 million yuan to invest in the establishment of a wholly-owned subsidiary, Taiji Semiconductor Technology Co., Ltd., with a registered capital of 100 million yuan. The investment aims to enrich core technologies and products around the company's main business, continuously enhance technical strength, help improve the company's overall competitiveness, enhance the company's comprehensive strength, and achieve long-term strategic goals. This external investment is in line with the company's development strategy and business expansion plan. The funds come from the company's own funds or self-raised funds and will not have a significant adverse impact on the company's financial condition and operating situation.