Zhixin Co., Ltd.: Invested 10 million yuan to establish Xi'an Zhixin Technology Co., Ltd.

Zhixin Co., Ltd. announced that it has invested RMB 10 million of its own funds to establish a wholly-owned subsidiary, Xi’an Zhixin Technology Co., Ltd., in Xi’an, Shaanxi Province. Xi’an Zhixin has completed the business registration and obtained a business license issued by the Xi’an Municipal Market Supervision Administration. This external investment aligns with the company’s medium- and long-term development strategy and is beneficial for the company to seize opportunities in industry development, further improve its industrial strategic layout in the Shaanxi region, better respond to customer needs, and enhance the company’s market competitiveness.

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