Chipboard announced that the company plans to invest 100 million yuan from its own or self-raised capital to establish Cornerstone Micro Technology Co., Ltd. in Shanghai. The company holds 100% of the shares. The matter was reviewed and approved by the 8th meeting of the third board of directors of the company on August 26, 2026. There is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a related transaction or major asset restructuring.

Chipboard announced that the company plans to invest 100 million yuan from its own or self-raised capital to establish Cornerstone Micro Technology Co., Ltd. in Shanghai. The company holds 100% of the shares. The matter was reviewed and approved by the 8th meeting of the third board of directors of the company on August 26, 2026. There is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a related transaction or major asset restructuring.