Yizhuang Holdings' Smart Institute Group has recently unveiled plans to invest in the establishment of Beijing International Data Cross-border Service Co., Ltd. This venture aims to establish a globally prominent data cross-border infrastructure operation platform and data circulation hub. This initiative represents a tangible step forward in the Smart Institute's execution of Beijing's "Global Data Cross-border Flow Cooperation Initiative" and the advancement of the "Implementation Plan for Comprehensive Supporting Reforms to Facilitate Cross-border Data Flow in Beijing." It also marks a strategic deployment by Yizhuang Holdings in the realm of data cross-border services. The new cross-border data company will offer infrastructure operation services for cross-border data, facilitate data circulation, and assist enterprises in efficiently addressing challenges associated with cross-border data flows.