The Fourth Paradigm: Company partners with Haibo Si Chuang to establish a joint venture company.

Fourth Paradigm Evening Announcement: The company has entered into a joint venture agreement with Beijing Haibosi Chuang Technology Co., Ltd., regarding the establishment of a joint venture company. The joint venture company will be named Energy Crystal Technology Co., Ltd.; the company will mainly engage in AI technology services in the field of power trading. The company will hold a 19% equity interest in the joint venture company, and its financial performance will not be consolidated into the comprehensive financial statements of this group.