Announcement on Changes in Accounting Policies
Xi'an Nova Star Cloud Technology Co., Ltd. (hereinafter referred to as "the Company") is changing its accounting policies in accordance with relevant regulations from the Ministry of Finance of the People's Republic of China (hereinafter referred to as "the Ministry"). According to the Shenzhen Stock Exchange's GEM Listing Rules, this change does not require submission for board or shareholder review and will not have a significant impact on the Company's financial condition, operating results, or cash flow. The details of the changes are as follows: