Group 1 - The core business of the company consists of three main segments: digital goods comprehensive operation, IoT traffic operation, and cloud terminal technology and computing power operation [2] - The company plans to raise 984 million yuan through a private placement, which will be allocated to three strategic projects: cloud terminal computing power center, IoT terminal intelligent upgrade, and SoC chip technology research and development [2] - The cloud terminal computing power center project will receive an investment of 550 million yuan, aimed at providing computing power support for B-end customers [2] Group 2 - The company is focusing on developing cloud terminal technology applications, with various scenarios including cloud gaming services and private domain operation for banks [3] - The company aims to develop highly customized SoC chips to address the high costs and redundancy issues faced by AI hardware manufacturers, integrating specialized functions like voice processing [4] - The cloud phone business, a form of cloud terminal technology, is currently being developed in collaboration with major telecom operators, contributing to revenue growth [5] Group 3 - The company is extending AI technology from cloud to edge, participating in ecosystem construction through self-developed SoC chips, and adopting an internet service model for business operations [6]