Sunhao Co., Ltd.: Invested 110 million yuan in the current round of financing for Orbit Chengguang, holding a 19.30% stake in Orbit Chengguang.

Shunhao Group Announcement: The company's closing price deviation value on June 20, June 23, and June 24, 2025, consecutively exceeded 20% for three trading days, indicating abnormal fluctuations in stock trading. Upon investigation, the company recently signed agreements with Orditron Technologies, investing 110 million RMB in the current financing round and holding a 19.30% stake in Orditron Technologies. The investment amount did not meet the approval and disclosure standards of relevant rules and internal company regulations. The company's current business has not produced synergies with Orditron Technologies' business. Orditron Technologies' "Days Counting in the Sky" business may have clear commercial value in the next 5 years, while the "Days Counting on Earth" business in space data centers may gradually gain a competitive advantage against ground data centers in the next 5-10 years.