Espressif Technology: Intends to purchase real estate worth a total of 437 million yuan.

LeXin Technology announcement, the company intends to purchase property at Building 3, No. 3, Lane 235, Yubei Road, Pudong, Shanghai, with a building area of 12,996.91 square meters, at a total price of 437 million yuan. The transaction funds are to be sourced from part of the refinancing proceeds and self-owned funds, with 3.97 billion yuan planned to be used from the proceeds, and the remaining amount to be supplemented with self-owned funds. This transaction has been approved by the sixth meeting of the third session of the board of directors and the fifth meeting of the third session of the board of supervisors of the company, and does not require approval from the company's shareholders' meeting.