On April 22nd, Chizhou Yunzhong Electronic Technology Co., LTD. (referred to as "Chizhou Yunzhong"), a subsidiary of Yunzhong Technology, signed an equity investment agreement with Guoyuan Equity Investment Co., LTD. (referred to as "Guoyuan Equity"). According to the agreement, Guoyuan Equity has invested 55 million yuan in Chizhou Yunzhong through the established fund, with a subscribed registered capital of 25.16 million yuan. After the investment, its shareholding ratio is 7.28%.

This round of financing is the first equity financing carried out by Chizhou Yunzhong from external institutions, with a total proposed financing amount not exceeding 150 million yuan. Yunzhong Technology will join hands with state-owned capital, local government platforms and social capital to jointly accelerate the development of Chizhou Yunzhong's multilayer ceramic capacitor (MLCC for short) business.

As an important wholly-owned subsidiary of Yunzhong Technology, Chizhou Yunzhong focuses on the MLCC industry and is dedicated to the research and development and production of medium and high-end chip multilayer ceramic capacitors. At present, Chizhou Yunzhong is committed to the technological improvement and market expansion of MLCC products. Through this round of financing, the shareholder structure of Chizhou Yunzhong will be further optimized and improved, promoting the integration of industrial resources, which is conducive to the company's long-term sustainable development.

After thorough research and analysis, Guoyuan Equity has determined that Yunzhong Technology has always adhered to the principle of seeking development through technological innovation and has achieved remarkable phased results in the MLCC field. Guoyuan Equity is optimistic about the market and development space of MLCC and is full of confidence in the development of Chizhou Yunzhong.

Wang Bin, the chairman and general manager of Yunzhong Technology, said, "It is a great honor to receive recognition and support from Guoyuan Equity during the critical period of the company's MLCC business development!" Through this round of financing, the company's MLCC business strategic layout will be promoted, laying a solid foundation for the future development of Chizhou Yunzhong.

Regarding Guoyuan Equity Investment:

Guoyuan Equity Investment is a wholly-owned subsidiary of Guoyuan Securities Co., LTD. (stock Code: 000728) specializing in private equity investment fund business. The company was registered and established in Shanghai on August 18, 2009, with a registered capital of 1 billion yuan. After 14 years of hard work and remarkable achievements, Guoyuan Equity has successfully invested in and incubated dozens of listed companies during its direct investment period, including 37 Interactive Entertainment, USTC Guochuang, USTC Guodun, and Huaibei Mining. Since its transformation into a private equity fund company, it has successfully initiated and established multiple funds and mother funds, with a managed asset scale of nearly 18 billion yuan.

Risk Warning

This transaction does not constitute a major asset reorganization. We kindly remind all investors to make rational investments and pay attention to investment risks.

Suzhou Yunzhong Electronic Technology Co., LTD

         April 23, 2025