Taiji Shares has issued a public announcement stating its intention to invest RMB 100 million, sourced from its own reserves or raised funds, in the establishment of a fully-owned subsidiary named Taiji Semiconductor Technology (Wuhan) Co., Ltd. This new entity will also have a registered capital of RMB 100 million. The primary objective of this strategic move is to bolster the company's core technologies and product offerings, elevate its technological prowess, and consequently, fortify its overall competitiveness and comprehensive strength in the market. This endeavor is expected to pave the way for the realization of the company's long-term strategic aspirations. The investment is in harmony with the company's overarching development strategy and business blueprint. Furthermore, the financing method for this investment is not anticipated to exert a substantial negative influence on the company's financial health or operational performance.