Jiuding Investment: The existing business and the business of Nanjing Shenyuan Shengye belong to different industries, and there is a certain risk of industry integration.

Jiuding Investment Announcement: The company's stock has experienced abnormal fluctuations in trading for three consecutive trading days on August 8th, 11th, and 12th, 2025, with a cumulative deviation of 20% in closing prices. On August 12th, 2025, the company disclosed the "Announcement on the Acquisition of Partial Equity of Nanjing Shenyuan Sheng Intelligent Technology Co., Ltd. and its Capital Increase". However, influenced by market competition and industry policies, trading risks, policy risks, market risks, operational risks, and management risks cannot be ruled out in the actual operation process. The company's current business and Nanjing Shenyuan Sheng's business belong to different industries, making it a cross-industry acquisition with certain industry integration risks.