Ningbo Jingda announced that the company increased its cash capital and shares in Ningbo Hafuchi Technology Co., Ltd., the joint venture had a total registered capital of 100 million yuan, the company invested 51 million yuan in cash, and obtained a controlling position by holding 51% of the shares. Hafnig Technology became the company's holding subsidiary and was included in the scope of the consolidated statement. This investment does not involve related transactions and does not constitute a major asset restructuring. Recently, the joint venture completed industrial and commercial registration procedures and obtained a business license issued by the Ningbo Municipal Administration of Market Supervision.

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