Dashi Intelligence announced that in order to develop overseas markets and meet the strategic needs of international development, the company plans to invest 20 million yuan of its own capital to establish a wholly-owned subsidiary in Saudi Arabia to engage in smart energy and smart space products, solutions and technical services. The investment matter still needs to be filed or approved by the relevant department, and there is uncertainty about whether the relevant filing or approval can be obtained. The investment amount accounts for 0.59% of the company's most recent audited net assets and is not expected to have a significant adverse impact on the company's financial and operating conditions.

Dashi Intelligence announced that in order to develop overseas markets and meet the strategic needs of international development, the company plans to invest 20 million yuan of its own capital to establish a wholly-owned subsidiary in Saudi Arabia to engage in smart energy and smart space products, solutions and technical services. The investment matter still needs to be filed or approved by the relevant department, and there is uncertainty about whether the relevant filing or approval can be obtained. The investment amount accounts for 0.59% of the company's most recent audited net assets and is not expected to have a significant adverse impact on the company's financial and operating conditions.