New capital: Intend to establish a holding subsidiary Extreme Calculations Corporation to lay out the next generation of smart hardware.

Xinguodu announced on March 11th that, in order to fully grasp the global market opportunities of the integration of artificial intelligence and consumer electronics, the company plans to focus on global user scenarios, layout a new generation of smart hardware, and launch the new brand Xalgo. Based on this, they will explore the cutting-edge application scenarios of artificial intelligence technology in the consumer market. This business will be led by company executives as project leaders, and they plan to jointly invest with the company to establish a subsidiary. The company plans to invest 16.2 million yuan to establish a controlling subsidiary, Shenzhen Xinguodu JiSuan Technology Co., Ltd., with directors and vice presidents Shixiaodong, and Shenzhen 537 Forward Investment Partnership. Upon completion of the transaction, the company will hold 54% of the shares of JiSuan, which will be included in the company's consolidated financial statements.