Innovation Leader: Intends to establish a subsidiary with a planned investment of 270 million yuan.

Zhong Chuang Zhi Ling Announcement: The company's controlling subsidiary, Yaxinke Industrial Technology Co., Ltd., plans to invest 270 million yuan to establish a wholly-owned subsidiary, Yaxinke Thermal Management Technology Co., Ltd. This investment aims to enhance the market competitiveness of the automotive thermal management system cooling plate business, consolidate market position, and lay a solid organizational and capability foundation for future expansion into more application areas of thermal management. The funds will come from Yaxinke Nanjing's own funds and internal loans from Zhong Chuang Zhi Ling company, which will be paid in installments.