On December 10, Hygon Information and Sugon each conducted investor briefings to address the termination of a significant asset restructuring initiative. Representatives from Hygon Information explained that since the preliminary plan was unveiled, substantial fluctuations have occurred in the secondary market stock prices of both entities engaged in the transaction. Notably, after mid-August, a confluence of factors—including shifts in the domestic and international landscapes, trends within the A-share market, the growing popularity of the AI sector, and evolving market expectations—contributed to a general uptrend in stock prices, accompanied by notable volatility. Adhering to a principle of caution, the decision was made to terminate the transaction. Moreover, the two firms are set to deepen their strategic partnership while preserving the autonomy of the listed entities. Hygon Information will concentrate on advancing CPU and DCU chip technologies, whereas Sugon will intensify its collaboration with Hygon Information in pioneering areas such as super-node computing capabilities, platforms for scientific large model development, and cluster system technologies.