Core Viewpoint - Shenzhen Beiliang Technology Co., Ltd. (referred to as "Beiliang") announced the use of surplus fundraising for the "Information Technology Upgrade Project" to build and research a sensor matrix for immersive interactive intelligence, positioning itself in a key technological trend of multimodal sensor fusion in the next generation of artificial intelligence [1][2]. Group 1: Project Objectives - The project focuses on three core objectives: 1. Building a multimodal sensor matrix that includes pressure, temperature, motion, and bioelectric sensors for precise data collection across multiple dimensions [2]. 2. Developing algorithms for immersive interactive intelligence to achieve environmental perception, user behavior prediction, and personalized health services [2]. 3. Integrating the multimodal sensor matrix with the developed algorithms into next-generation smart health products [2]. Group 2: Company Strategy and Market Position - Beiliang has evolved from a single massage device manufacturer to a comprehensive health technology service provider, integrating "smart hardware + rapid massage services + health AI + pan-health ecosystem" over two decades [2]. - The company aims to address the industry's shift from single-function products to intelligent and personalized solutions by leveraging "immersive interactive intelligence" as a breakthrough point, reinforcing its technological advantages and market position [2].

Core Viewpoint - The company, Beiliang, is leveraging surplus fundraising for an "Information Technology Upgrade Project" to develop a sensor matrix focused on immersive interactive intelligence, positioning itself strategically in the smart health hardware sector and laying the groundwork for future health AI and broader health ecosystem services [2]. Group 1: Project Objectives - The project aims to achieve three core objectives: 1. Building a multi-modal sensor matrix that includes pressure, temperature, motion, and bioelectric sensors for precise data collection and interaction, enabling devices to perceive the environment and respond like humans [3]. 2. Developing algorithms for immersive interactive intelligence to facilitate environmental perception, user behavior prediction, and personalized health services [3]. 3. Integrating the sensor matrix with the developed algorithms into next-generation smart health products to enhance interactivity and intelligence, thereby creating new market advantages for the company [3]. Group 2: Company Evolution - As a pioneer in the portable massager industry and a leader in health technology, the company has evolved from a single massager manufacturer to a comprehensive health technology service provider, integrating smart hardware, effective massage services, health AI, and a broad health ecosystem over two decades [4]. - The company is responding to the industry's shift from single-function products to intelligent and personalized solutions by focusing on "immersive interactive intelligence" as a breakthrough, reinforcing its technological advantages and market position [4].

Core Viewpoint - The company, Beiliang, is leveraging surplus fundraising for an "Information Technology Upgrade Project" to develop a sensor matrix focused on immersive interactive intelligence, positioning itself strategically in the smart health hardware sector and laying the groundwork for future health AI and broader health ecosystem services [1]. Group 1: Project Objectives - The project aims to achieve three core objectives: 1. Establish a multi-modal sensor matrix that includes pressure, temperature, motion, and bioelectric sensors for precise data collection and interaction, enabling devices to perceive the environment and respond like humans [2]. 2. Develop algorithms for immersive interactive intelligence to facilitate environmental perception, user behavior prediction, and personalized health services [2]. 3. Integrate the sensor matrix with the developed algorithms into next-generation smart health products to enhance interactivity and intelligence, thereby creating new market advantages for the company [2]. Group 2: Company Evolution - As a pioneer in the portable massager industry and a leader in health technology, the company has evolved from a single massager manufacturer to a comprehensive health technology service provider over twenty years, integrating smart hardware, effective massage services, health AI, and a broad health ecosystem [3]. - The company is responding to the industry's shift from single-function products to intelligent and personalized solutions by focusing on "immersive interactive intelligence" as a breakthrough, reinforcing its technological advantages and market position [3].

Group 1 - The core point of the announcement is that Shenzhen Beiliang Technology Co., Ltd. has received a notification from Ningbo Beirun Investment Co., Ltd. regarding a change in control, where Zhang Jianni and her concerted action parties have become the controlling shareholders and actual controllers of Ningbo Beirun, while Ma Xuejun is no longer the controlling shareholder or actual controller [2][5][7] - The change in equity does not involve an increase or decrease in the actual shareholding of the shareholders, as it is due to the termination of the concerted action relationship, which touches the 1% threshold but does not trigger a mandatory takeover [2][10] - After the termination of the concerted action relationship, Ma Xuejun and Ningbo Beirun will fulfill their respective disclosure obligations according to relevant laws and regulations [3][11] Group 2 - The termination of the concerted action relationship will not lead to a change in the controlling shareholder or actual controller of the company, as Ma Xuejun remains the controlling shareholder and actual controller [8][10] - Before the termination of the concerted action relationship, Ma Xuejun and his concerted action parties held a total of 45,675,104 shares, accounting for 53.1443% of the total share capital, while after the termination, they hold 44,993,160 shares, accounting for 52.3508% [9] - The announcement confirms that the termination of the concerted action relationship does not violate any relevant laws and regulations and will not adversely affect the company's daily operations or financial status [11][12] Group 3 - The company has recently completed the "Information Technology Upgrade Project," which has reached a usable state, resulting in a surplus of 25.5122 million yuan [28][29] - The surplus funds will be used for the construction and application research of a sensor matrix aimed at interactive intelligence, which aligns with the company's strategic direction of integrating technology with traditional practices [29][30] - The project aims to enhance product interactivity and intelligence, thereby improving user experience and establishing a competitive advantage in the smart health sector [30][31] Group 4 - The new project will focus on building a multi-modal sensor matrix to achieve precise data collection and develop algorithms for environmental perception and personalized health services [30][31] - The project is expected to have a total investment of 30 million yuan and will run from July 2025 to June 2027 [37] - The company has established partnerships with research institutions to ensure the technical feasibility of the project and has a supply chain in place for stable production [35][36] Group 5 - The project is driven by market demand for smart and personalized health solutions, as well as competitive pressure from leading companies in the industry [31][32] - The company aims to create a closed-loop system of "perception-feedback-optimization" to differentiate itself in the portable massage device market [33][34] - The expected benefits include increased product pricing, reduced operational costs, and the establishment of a strong brand presence in the smart health technology sector [44][46]

Fundraising Overview - The company raised a total of RMB 422.23 million through the issuance of 15.41 million shares at RMB 27.40 per share, with a net amount of RMB 358.91 million after deducting expenses [1][2] - As of July 31, 2025, the company has a surplus of RMB 25.51 million from the "Information Technology Upgrade Project" [1][2] Project Completion and Surplus Fund Usage - The "Information Technology Upgrade Project" was completed in 2024 and has met the expected operational status, with the surplus funds to be retained in a special account for future use [1][3] - The company plans to utilize the surplus funds for a new project focused on building a sensor matrix for interactive intelligence, which aligns with its strategic goals [3][4] New Project Details - The new project, titled "Research on Sensor Matrix for Interactive Intelligence," has a total investment of RMB 30 million and will run from July 2025 to June 2027 [4] - The project aims to develop a multi-modal sensor matrix to enhance data collection and improve user interaction with health products [4][5] Strategic Direction and Market Position - The company aims to transition from a single product manufacturer to a comprehensive health technology service provider, emphasizing a diversified business model [3][4] - The focus on interactive intelligence aligns with market trends towards smart and personalized health solutions, addressing competitive pressures from leading firms [5][6] Technological Development and Collaboration - The company has established partnerships with institutions like the Shenzhen Institute of Advanced Technology and the China Aerospace Shenzhen Institute to enhance its technological capabilities [6][7] - The development of a multi-sensor system is expected to improve product differentiation and market competitiveness [6][7] Regulatory Compliance and Governance - The usage plan for the surplus funds has been approved by the company's board and supervisory committee, adhering to relevant regulations and ensuring no adverse impact on operations [7][8] - The company has committed to maintaining strict oversight of the fund usage in accordance with regulatory guidelines [8]