We learned from China Telecom that recently, Tianyi Shilian Technology Co., Ltd. completed a second round of capital increase and introduced three new strategic investors: Jianxin Investment, Shanghai International, and Shanghai Futeng. The old shareholder Chengtong Mixed Reform Fund continued to increase its holdings. Following the completion of the first round of capital increase in January 2026, Tianyi sees another key move in market-based development and capital operation.

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