On March 19, 2025, Jiangsu Nanjing Software and Information Service Industry Special Master Fund (Limited Partnership) (hereinafter referred to as the "Industry Special Master Fund") held the second meeting of its Sub-Fund Investment Decision-Making Committee, at which the sub-funds to be equity-participated in by the Industry Special Master Fund were reviewed and approved. Details are as follows:

The fund has a target scale of RMB 1 billion, is planned to be registered and based in Jiangbei New Area of Nanjing, with a term of 10 years. It will mainly invest in high-quality "specialized, refined, characteristic, and innovative" enterprises in the start-up and growth stages in Nanjing, and support the development of industries in Nanjing such as underlying hardware, basic software, industrial software, application software, open-source software platforms, artificial intelligence, metaverse, big data, cloud computing, 6G/F6G, and satellite communications. It may also appropriately take into account listed company merger and reorganization projects in Nanjing, including investments in enterprises related to Nanjing's industries "going global" and the introduction of high-quality external enterprises into Nanjing.

In accordance with the requirements specified in the Announcement on the Selection of Managers for Proposed Sub-Funds of the Industry Special Master Fund, after going through processes such as institutional application, preliminary review of materials, due diligence, expert evaluation, and investment decision-making, the proposed sub-fund to be equity-participated in (attached below) is now publicly announced. The public announcement period is 5 working days, from April 10, 2025 to April 16, 2025.

Any entity or individual with objections to the announced results shall submit them in writing during the public announcement period, and list the reasons for the objections and relevant supporting materials. If the objection is submitted in the name of an entity, the official seal of the entity shall be affixed to the objection materials; if submitted in the name of an individual, the individual’s real name, affiliated unit, contact address, and contact information shall be clearly stated, and the individual shall sign the objection materials. To ensure that the handling of objections is objective, fair, impartial, and timely, any anonymous objections or objections submitted beyond the public announcement period will not be accepted.

Attachment: List of Proposed Sub-Funds to Be Equity-Participated in by the Industry Special Master Fund