Tongding Interconnection Information (002491.SZ) plans to establish a joint venture company to strategically extend into the upstream core raw materials sector.

Tongding Interconnection Information (002491.SZ) issued an announcement that the company intends to jointly establish Jiangsu Dingchun Technology Co., Ltd. (hereinafter referred to as "Dingchun Technology") with Jiangsu Mulinsun High-tech Materials Co., Ltd., individual Mr. Li Xiangyu, and associated individual Ms. Qian Feiyi. The registered capital of Dingchun Technology is 10 million RMB, with the company contributing 4.5 million RMB in cash for a 45% equity stake, Mulinsun contributing 4 million RMB in cash for a 40% equity stake, Mr. Li Xiangyu contributing 1 million RMB in cash for a 10% equity stake, and Ms. Qian Feiyi contributing 500,000 RMB in cash for a 5% equity stake. At the same time, the company will sign a Voting Rights Proxy Agreement with Mr. Li Xiangyu and Ms. Qian Feiyi, stipulating that their respective voting rights corresponding to the 10% and 5% equity stakes in Dingchun Technology will be entrusted to the company to exercise in order to achieve actual control over Dingchun Technology. After this transaction is completed, Dingchun Technology will become a subsidiary of the company and be included in the company's consolidated financial statements. This joint investment with related parties to establish a joint venture company aligns with the company's overall development strategy, is conducive to the strategic extension of the company into the upstream core raw materials field, enhances the company's core competitiveness, and promotes business development. The source of funds for this transaction is the company's own funds, and it will not have a significant impact on the company's financial condition, operating results, or independence, and there is no situation that would harm the interests of the company's shareholders, especially small and medium-sized shareholders.