XUNZHONG (02597) intends to subscribe for an additional registered capital of 2.1 million yuan for KeXing Intelligent Cloud using its own 5G communication mid-platform digital base software platform.

XUNZHONG (02597) announced that the company and Jiangxi Kexing Zhiyun Information Technology Co., Ltd. (hereinafter referred to as "Kexing Zhiyun" or "the target company") and its natural person shareholders signed a "Capital Increase Agreement" in Beijing on December 23, 2025, agreeing to deepen strategic cooperation in jointly developing the urban digital operation service market. According to the capital increase agreement, the company will subscribe for an additional registered capital of 2.1 million yuan for Kexing Zhiyun with its own 5G communication platform digital base software platform evaluated at 2.1 million yuan, and after the investment is completed, the company will acquire a 15.00% equity stake in the target company. This external investment in the joint venture company is based on the company's strategic planning and business development needs. It is conducive to further enhancing the company's overall competitiveness, achieving the company's long-term strategic development goals, and has a positive impact on the company's long-term development.