Kangxi Communications announced that the company plans to optimize and adjust the internal investment structure for the “next-generation Wi-Fi RF front-end chip development and industrialization project.” “Equipment and software purchase costs” were reduced by 60 million yuan, “installation project costs” by 3.6 million yuan, and “trial production investment, personnel costs and others” were increased simultaneously by 63.6 million yuan. The total investment remained unchanged. The purpose of this adjustment is to improve the efficiency of the use of capital and strengthen the company's leading edge in this field. The matter has been reviewed by the Board of Directors, and there is no objection from the sponsor.

Kangxi Communications announced that the company plans to optimize and adjust the internal investment structure for the “next-generation Wi-Fi RF front-end chip development and industrialization project.” “Equipment and software purchase costs” were reduced by 60 million yuan, “installation project costs” by 3.6 million yuan, and “trial production investment, personnel costs and others” were increased simultaneously by 63.6 million yuan. The total investment remained unchanged. The purpose of this adjustment is to improve the efficiency of the use of capital and strengthen the company's leading edge in this field. The matter has been reviewed by the Board of Directors, and there is no objection from the sponsor.