Jin Baize announced that Shenzhen Jinbaize Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to pledge a share of the Gongqingcheng Yaocan Venture Capital Partnership with 10 million yuan of its own capital, with a pledge investment ratio of 15.3846%. The partnership is a single-project fund. It plans to invest in a RISC-V full-stack high-performance AI CPU company with a total subscription scale of 65 million yuan, and the term of existence can be extended for 5 years as agreed. The investment is within the scope of management's approval. There is no need to submit it to the board of directors or shareholders' meetings for review, it does not involve related transactions or major asset restructuring, and partnerships are not included in the scope of the company's consolidated statements.

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