Honggong Technology: Intends to sign a project contract with the Changsha Economic Development Zone Management Committee with an investment not exceeding 450 million yuan.

Honggong Technology announced that the company plans to sign a "Project Introduction Contract" with the Management Committee of Changsha Economic and Technological Development Zone, with an investment not exceeding 450 million yuan, including fixed asset investment, to establish a subsidiary for project investment. The project includes the construction of a management headquarters, a global research and development center, an assembly base, and a sales center.