Jiangbalong: Meishi Du Integrated Circuit Co., Ltd. will not conduct the production and research and development of main control chips.

On July 1, Jiang Balong stated on the interactive platform that Maishidu Integrated Circuit Co., Ltd. will not engage in the production and research and development of main control chips. The company's self-developed main control chips and storage chips will be produced using a Fabless model. The establishment of subsidiaries is a reflection of the company's dynamic optimization of its business strategy. These changes will not have a substantial impact on the company's consolidated financial statements in the short term, and should not be overinterpreted.