Xiechuang Data issued a public announcement stating its intention to allocate 150 million yuan towards the acquisition of solid-state drive materials, which will be utilized in the manufacturing of its proprietary data storage servers. This procurement does not qualify as a significant asset restructuring or a transaction involving related parties. The plan has received unanimous endorsement from the board of directors and is now subject to further consideration by the shareholders' meeting.

The payment for these materials will be made using the company's internal funds and through bank transfers, with the actual disbursement occurring after the receipt and inspection of the goods. This transaction is driven by the company's routine operational requirements and is not anticipated to have a substantial impact on its financial standing. Following the inclusion of this transaction, the cumulative value of assets purchased by the company over the past 12 months has escalated to 2.217 billion yuan, thereby fulfilling the criteria for shareholders' meeting deliberation.