Foxit Software: Terminate subscription of private placement fund of 200 million yuan

Foxit Software Announcement: The company originally planned to subscribe 39.84% of the Fund shares of DigiTech Fund with its own funds of RMB 200 million. However, due to changes in the market environment and the failure of the partners to complete the preparatory work, DigiTech Fund was unable to complete the industrial and commercial registration and fund filing procedures. According to the Partnership Agreement, this situation triggers the dissolution condition of the fund, and it was unanimously agreed to terminate the establishment of DigiTech Fund. The company has not actually invested, and this termination will not have a significant adverse impact on the company's operations and financial conditions.