Iwayama Technology announced that Hainan Ruihong Venture Capital Co., Ltd., a wholly-owned subsidiary of the company, and various parties participated in investing in the Shanghai Shuyu Dingyuan Phase II private equity fund partnership and signed a partnership agreement. The fund has pledged a total investment of 341 million yuan, and Hainan Ruihong pledged 30 million yuan as a limited partner, accounting for 8.80% of the total pledged investment. The fund focuses on investments in fields related to the digital economy. It will last for 10 years. Currently, it is still in the preparation stage, and there is uncertainty about the implementation progress. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the board of directors or shareholders' meeting for consideration.

Iwayama Technology announced that Hainan Ruihong Venture Capital Co., Ltd., a wholly-owned subsidiary of the company, and various parties participated in investing in the Shanghai Shuyu Dingyuan Phase II private equity fund partnership and signed a partnership agreement. The fund has pledged a total investment of 341 million yuan, and Hainan Ruihong pledged 30 million yuan as a limited partner, accounting for 8.80% of the total pledged investment. The fund focuses on investments in fields related to the digital economy. It will last for 10 years. Currently, it is still in the preparation stage, and there is uncertainty about the implementation progress. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the board of directors or shareholders' meeting for consideration.