Xiamen Yaxun Network shares were successfully transferred

Xiamen Yaxun Network Co., Ltd. successfully completed the share transfer. Multiple investors led by Xiamen Jinyuan Group and SDIC Merchants successfully acquired 51.02% of Yaxun's shares held by China Electronics Technology Group Corporation. The signing ceremony was successfully completed under the witness of multiple leaders. As a leading domestic enterprise in the field of Internet of Vehicles and security for commercial vehicles, Yaxun has rich experience and technical accumulation in Internet of Vehicles terminals, system platforms and related services. In the future, with the support of investors such as Jinyuan Group and SDIC Merchants, Yaxun will accelerate its development and strive to become a global leading supplier of Internet of Vehicles software and components.