Core Insights - A new company, Jia Yuan Data Technology (Nanjing) Co., Ltd., has been established with a registered capital of 10 million yuan [1] - The company is involved in a wide range of services including technology services, data processing, artificial intelligence application software development, and blockchain technology services [1] Company Overview - The legal representative of the company is Ding Eryu [1] - The company is co-owned by Jia Huan Technology and Nanjing Yuan Tu Information Technology Co., Ltd. [1] Business Scope - The business scope includes general projects such as technology development, consulting, and promotion [1] - It also covers information technology consulting, big data services, and internet data services [1] - Additional services include artificial intelligence foundational resources, software development, and cloud computing technology services [1]

Company Overview - Hainan Huatie Yuanlian Smart Technology Co., Ltd. has been established with a registered capital of 10 million yuan [1] - The legal representative of the company is Shen Yuping [1] Business Scope - The company’s business scope includes various services such as: - First-class and second-class value-added telecommunications services - Import and export of goods (subject to licensing requirements) [1] - General business projects include: - Information system integration services - Big data services - Network and information security software development - Software development - Artificial intelligence public data platform - Network technology services - Artificial intelligence application software development - Internet data services - Data processing services and support [1] Ownership Structure - The company is jointly held by Hainan Huatie and Huatie Dahuangfeng International Co., Ltd. [1]

Core Viewpoint - The company confirms a related party transaction involving the procurement of NVIDIA chips from Guangdong Shenbo Information Technology Co., Ltd., which is controlled by a spouse of the company's director [1][2]. Related Party Transaction Overview - The total procurement amount from Shenbo Information is 55.368 million yuan [1]. - Shenbo Information is considered a related party due to its connection with a company director [1]. - The transaction was approved by the board and supervisory committee, with related directors abstaining from voting [1][2]. Necessity and Impact of the Transaction - The transaction is necessary for the company's expansion into computing power services, which are currently in high demand due to geopolitical factors affecting product availability [2][3]. - The pricing of the transaction is fair and aligns with market conditions, ensuring no harm to the interests of shareholders, especially minority shareholders [2][3]. - The transaction is expected to enhance the company's core competitiveness and support its long-term strategic goals [3][4]. Review Procedures and Opinions - Independent directors support the transaction, stating it aligns with the company's strategic needs and does not harm shareholder interests [4]. - The board of directors agrees that the transaction is necessary for operational needs and follows market principles [4][5]. - The supervisory committee confirms that the transaction does not affect the company's independence or normal operations [4][5].

Core Viewpoint - The company has confirmed related party transactions with Guangdong Shenbo Information Technology Co., Ltd. for the procurement of NVIDIA chips, amounting to a total of 55.368 million yuan, following necessary review and disclosure procedures [1][2][3]. Summary by Sections Related Party Transaction Overview - The company has engaged in related party transactions involving the procurement of NVIDIA chips, totaling 55.368 million yuan [1]. - Guangdong Shenbo Information is controlled by the spouse of the company's director and vice president, qualifying it as a related party under relevant regulations [1]. Review Procedures - The company held board and supervisory meetings on July 24, 2025, to review and approve the related party transaction, with related directors abstaining from voting [2]. - The transaction does not constitute a major asset restructuring as defined by regulations, and it does not require shareholder approval [2]. Main Content of the Transaction, Necessity, and Impact - The procurement of NVIDIA graphics cards from the related party follows market prices, ensuring fairness and no harm to the company's or minority shareholders' interests [3]. - The necessity of the transaction arises from the company's expansion into computing power services, where high-performance servers are in high demand due to geopolitical factors [3]. - The transaction aligns with the company's strategic planning and operational needs, enhancing its competitiveness in the artificial intelligence sector without compromising independence [4]. Opinions from Independent Directors and Board - Independent directors support the transaction, stating it aligns with the company's strategic needs and does not harm shareholder interests [4]. - The board agrees that the transaction is necessary for operational needs and follows market principles, ensuring no detriment to non-related shareholders [5]. - The supervisory board also concurs that the transaction is fair and does not affect the company's operational independence [5]. Sponsor's Verification Opinion - The sponsor confirms the necessity and reasonableness of the related party transaction, stating that the pricing is fair and does not impact the company's independence or shareholder interests [6].

Group 1 - The registered capital of Guangdong Xinxuan Holdings Co., Ltd. has increased from 100 million RMB to 130 million RMB, representing a 30% increase [1] - The company was established in March 2020 and is legally represented by Ji Mengyao [1] - The business scope includes software development, information technology consulting services, enterprise management consulting services, self-owned capital investment, internet commodity sales, and cultural dissemination [1] Group 2 - Guangzhou Xinxuan Investment Co., Ltd. holds a 99% stake in the company, while Ji Mengyao holds a 1% stake [1]