On July 17, Taijing Technology announced a significant development within its investment portfolio, highlighting a change in the composition of the partnership's limited partners. Notably, Shenzhen Elion Wireless Technology Co., Ltd. has transferred its 2.7518% stake in Feiling Nanxin to Chen Zheng for a consideration of RMB 1.5 million. This transfer was facilitated without exercising the preemptive rights of other partners. Taijing Technology, with a subscribed capital contribution of RMB 10 million, holds a 18.3453% share in this partnership. The announcement underscores that this transition will neither affect Taijing Technology's shareholding, proportional rights, and obligations within the partnership nor alter the investment strategy or direction of the partnership company. Consequently, this change is not anticipated to have a material impact on the operations of Taijing Technology.