Xiamen Hongxin Electronics Technology Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Risk Warning:
- The relevant agreements for this external investment have not yet been signed, and the final agreement content will be subject to the formal agreements actually signed by the parties. There is a risk that the signing parties may not reach an agreement on the investment agreement terms, leading to the inability to sign the investment agreement.
- This investment is based on the need for strategic collaborative development and the judgment of the industry market outlook, but external factors such as macro environment, industry policies, market demand, industry competition, and technological changes, as well as internal management, product innovation, and market expansion capabilities of the target company, all carry certain uncertainties that may lead to the investment plan and returns not meeting expectations.
- The target investment is a startup company, and its business model and profit model are still in the exploratory and developmental stages, leading to significant uncertainty in future operating performance and potential discrepancies between asset valuation and actual value.
- After the completion of this investment, the Company will hold a relatively low equity ratio in the target company, limiting its actual influence on the operational management decisions of the target company. It is expected that this investment will not have a significant impact on the Company's current and future operating performance.
- As of the date of this announcement, the Company has not engaged in substantial business cooperation with the target company. The ability of both parties to achieve business synergy and cooperation in the future is subject to various factors, including market environment, results of business negotiations, and the strategic compatibility of both parties, which carry certain uncertainties.
- The Company will timely fulfill relevant decision-making procedures and information disclosure obligations based on the progress of this investment. Investors are advised to invest cautiously and pay attention to investment risks.
On May 29, 2026, the fifth meeting of the seventh session of the Board of Directors of Xiamen Hongxin Electronics Technology Group Co., Ltd. reviewed and approved the proposal on joint external investment and related transactions with controlling subsidiary Jiangsu Suihong Huachuang Technology Co., Ltd. (hereinafter referred to as "Suihong Huachuang") and Zhoushan Yunchuang Zhiyue Venture Capital Partnership (Limited Partnership) (controlled by the Company's controlling shareholder Hongxin Chuangye Investment Group Co., Ltd., hereinafter referred to as "Yunchuang Zhiyue") to jointly invest in Company A (or referred to as "the target company"). The relevant situation is announced as follows: