Zhixin Corporation: to establish Xi'an Zhixin Technology Co., Ltd. with an investment of 10 million yuan.

According to the announcement of Zhixin Group, the company has invested RMB 10 million in Xi'an, Shaanxi Province to establish a wholly-owned subsidiary, Xi'an Zhixin Technology Co., Ltd., with its own funds. Xi'an Zhixin has completed business registration and obtained a business license issued by the Xi'an Market Supervision Administration. This external investment is in line with the company's medium and long-term development strategic planning, and is conducive to the company seizing industry development opportunities, further improving the company's industrial strategic layout in Shaanxi region, better responding to customer needs, and enhancing the company's market competitiveness.