Taieon Technology: Subsidiary Chongqing Crystal Core absorbs and merges with Chongqing Taiqing

Taijing Technology Announcement: In order to optimize resource allocation, reduce operating costs, and improve the efficiency of company management, it has been agreed that the wholly-owned subsidiary of the company, Chongqing jingxin frequency control electronic technology Co., Ltd., will absorb and merge the wholly-owned subsidiary of the company, Chongqing Taiqing Electronic Technology Co., Ltd. After the absorption and merger are completed, Chongqing Jingxin will continue to operate as the absorbing and merging party, while Chongqing Taiqing will be deregistered in accordance with the law. The assets and liabilities of Chongqing Taiqing will be inherited by Chongqing Jingxin.