Shanghai Yinji Information Security Operating Revenue

Shanghai Yinji Information Security transferred 1,741,575 shares (accounting for 3.87% of the total share capital) at a transfer price of 54.93 million yuan, with the company's valuation of about 1.4 billion yuan. Since 2018, the company has taken the safety of intelligent connected vehicles as its core direction, independently developed the Internet of Vehicles security product "Digital Key", and reached strategic cooperation with more than 50 domestic OEMs. The main business includes intelligent connection ICS-vehicle intelligent connection system, which realizes the digital connection of "people-vehicle-scene" through communication methods such as 4G/5G/BLE/UWB/NFC, and at the same time digitizes key ownership and human-vehicle interaction, and intelligentizes the car use scene to provide people with smarter travel services. Multiple connections: (1) Bluetooth: multi-Bluetooth positioning, wireless communication; (2) 4G: remote 4G communication, car-cloud interconnection; (3) NFC: NFC identity authentication; (4) UWB: centimeter-level positioning. The company's operating income in 2022 was 118 million yuan, and its net profit loss was 61.3 million yuan.