[Guanshang Technology: Subsidiary Plans to Invest 1 Billion Yuan to Build AI Technology Achievement Transformation Headquarters Project] Jinshi Data reported on May 22 that Guanshang Technology announced its wholly-owned subsidiary, Yunwang Zhishuan (Xinjiang) Technology Co., Ltd., plans to invest in the construction of the Balikun AI Technology Achievement Transformation Headquarters Project in Balikun Kazakh Autonomous County, Hami City, Xinjiang Uygur Autonomous Region. The total planned investment for the project is approximately RMB 1 billion (the final total project investment amount will be subject to actual investment). This transaction does not constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies," nor does it constitute a restructuring listing, and does not require approval from relevant authorities. The project plans to build an AI empowerment center, leveraging the company's existing AI technology as a foundation and integrating the needs of industries such as mining, animal husbandry, and agriculture to promote the application of artificial intelligence technology in vertical industries. Once completed, the project will provide specialized TOKEN services, technical verification services and products related to non-metallic and metallic minerals, as well as intelligent unmanned equipment products for clients across various fields.