MXChip Co., Ltd. has issued a statement declaring its intention to issue foreign-invested shares, known as H shares, and pursue a listing on the Main Board of The Stock Exchange of Hong Kong Limited. This strategic move is aimed at bolstering the company's business development, elevating its corporate governance standards, enhancing its core competitiveness, and propelling its globalization efforts (hereinafter referred to as "the issuance and listing").

In executing this plan, MXChip Co., Ltd. will meticulously consider the interests of its current shareholders, as well as the prevailing conditions in both domestic and international capital markets. The company aims to pinpoint an opportune moment and issuance window to finalize the listing within the timeframe stipulated by the shareholders' meeting resolution—specifically, within 24 months from the date of approval. Alternatively, the listing may occur within an extended period, as mutually agreed upon by the shareholders.