On October 12th, reports surfaced indicating that an investor had raised a query about whether Cambricon was engaged in any power supply-related cooperation with Megmeet. In response, Cambricon clarified that since its inception, the company has been dedicated to the research and development of artificial intelligence (AI) chips, as well as technological innovation, with the goal of developing core processor chips for the AI sector. The company's primary operations revolve around the research and development, design, and marketing of AI core chips tailored for cloud servers, edge computing devices, and terminal devices, along with the provision of related chip products. At present, Cambricon stated that it has no pertinent collaboration with Megmeet. For further information about the company, please refer to the announcements posted on the official website of the Shanghai Stock Exchange or the disclosures made on the company's own official website.