Yunzhong Technology: Plans to invest 1.5 billion yuan to build a high-performance multilayer chip ceramic capacitor project.

Yunzhong Technology announced that its holding subsidiary Chizhou Yunzhong plans to sign an investment agreement with the Management Committee of Anhui Jiangnan Emerging Industrial Concentrated Area to establish a project company Chizhou Yunchi, with an investment of 1.5 billion yuan to build a high-performance multilayer ceramic capacitor production project. The project will be carried out in two phases, with an initial investment of 750 million yuan, which will be increased by Chizhou Yunzhong and Chizhou Jiangnan Emerging Industry Fund by 450 million yuan and 300 million yuan respectively. The second phase is expected to be 750 million yuan, and additional investments will be made based on the operation of the first phase. This matter has been approved by the board of directors and is subject to approval by the shareholders' meeting. There are risks of delays, changes, or termination of the project.