About CE HUADA TECH Company

China Electronics HuaDa Technology Co., Ltd. is a red-chip listed company dedicated to the development of the electronic information industry. It is a high-tech investment group primarily engaged in the design, development, and sales of integrated circuits, as well as the provision of advanced solutions. Its products are mainly applied in smart cards, radio-frequency identification, and wireless communication, leveraging strong R&D, design, and application‑development capabilities. The company ranks among the domestic leaders in smart card chips and WLAN chip technologies, with the most comprehensive product portfolios and the broadest range of applications, holding significant market shares across multiple sectors. It is a pioneer and leader in China's smart card chip industry. Its product lineup includes second-generation resident ID cards, social security cards, fuel cards, telecom cards, metering cards, transportation cards, and wireless networking devices used by Chinese citizens. China Electronics Information Industry Group Co., Ltd. (referred to as "China Electronics Group") is the ultimate controlling shareholder of the Company. The Company is the sole red-chip entity under China Electronics Group. Established in 1989 pursuant to Chinese law and approved by the State Council, China Electronics Group is a centrally administered, ultra-large state-owned conglomerate. Through its wholly owned subsidiaries, China Electronics Group collectively holds approximately 59.42% of the Company's issued share capital. The Company will leverage the outstanding strengths of its parent company in areas such as electronics manufacturing, design, and IT services to actively pursue related business ventures, implement a diversified growth strategy, and achieve a new industrial layout through mergers and acquisitions. By strengthening its control over key technologies, concentrating superior resources, and pursuing strategic investments, the Company aims to integrate management practices, corporate philosophies, cultural values, and business operations, while embracing cutting-edge technologies. Through a dual approach of organic growth and external expansion, it seeks to compete on the international stage, elevate its technological and managerial standards to world-class levels, and strive to become an internationally oriented IC design enterprise in China—characterized by advanced chip design capabilities, numerous proprietary intellectual property rights, a rich product portfolio, and substantial scale. In doing so, the Company aims to maximize synergies between China Electronics Group and itself, thereby delivering greater value to its shareholders.