Daimei Shares has revealed its intention to allocate RMB 100 million for the establishment of a fully-owned subsidiary, namely Shanghai Daimei Robotics Technology Co., Ltd. (hereinafter referred to as "Daimei Technology"), situated in Shanghai. The subsidiary's operational scope encompasses the research, development, production, and distribution of intelligent robots, industrial robots, service robots, along with their respective components and automation apparatus. Moreover, it will offer manufacturing solutions, technological advancements, and consultancy services within the realm of intelligent equipment, while also engaging in the import and export of both goods and technologies. Presently, Daimei Shares' robotics sector is still in its nascent stages of technological innovation, posing risks of unsuccessful development or underperformance. Furthermore, the robotics industry chain has not yet reached economies of scale, introducing an element of unpredictability in the industry's trajectory.