Kangxi Communications announced that the company plans to change the original fund-raising project “Enterprise Technology R&D Center Construction Project” to a “next-generation communication network NTN RF front-end chip project.” The total investment of the new project is RMB 10,46,975 million. It is planned to use the remaining capital raised from the original project and the proceeds of the original project. The remaining capital will be covered by the company's own or self-raised funds. This change involves an investment amount of 10.81% of the net amount of capital raised. It does not constitute a related transaction or major asset restructuring. It has been reviewed and approved by the board of directors and still needs to be submitted to the shareholders' meeting for consideration.

Kangxi Communications announced that the company plans to change the original fund-raising project “Enterprise Technology Research and Development Center Construction Project” to a “next-generation communication network NTN RF front-end chip project.” The total investment of the new project is RMB 10,46,975 million. It is planned to use the remaining capital raised from the original project and the proceeds of the original project. The remaining capital will be covered by the company's own or self-raised funds. This change involves an investment amount of 10.81% of the net amount of capital raised. It does not constitute a related transaction or major asset restructuring. It has been reviewed and approved by the board of directors and still needs to be submitted to the shareholders' meeting for consideration.