XinYa Electronics: Establishment of a subsidiary company through joint investment with related parties.

New Asia Electronics Announcement: The company held its third board meeting on October 10, 2025, and approved the proposal to jointly invest with related parties to establish a subsidiary. Recently, the subsidiary Xin Asia Rail Transit Technology Co., Ltd. has completed the business registration with a registered capital of 10 million yuan. The company's name is Xin Asia Rail Transit Technology Co., Ltd., registered address is No. 7, Nanxin Road, Changkun Industrial Park, Shajiabang Town, Changshu City, Suzhou City, Jiangsu Province, and the legal representative is Yang Wenhua.