Saiwei Electronics announced that Xilex Microsystems Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to carry out financial leasing transactions with CMB Financial Leasing Co., Ltd. by selling and leasing back some wafer production equipment. The financing amount will not exceed 300 million yuan, and the period will not exceed 3 years. The company intends to provide a joint and several liability guarantee for this matter, and Xilex Beijing is exempt from paying the guarantee fee. This matter does not constitute a related transaction or major asset restructuring. It has been reviewed and approved at the first meeting of the 6th board of directors of the company, and there is no need to submit it to the shareholders' meeting for consideration.

Saiwei Electronics announced that Xilex Microsystems Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to carry out financial leasing transactions with CMB Financial Leasing Co., Ltd. by selling and leasing back some wafer production equipment. The financing amount will not exceed 300 million yuan, and the period will not exceed 3 years. The company intends to provide a joint and several liability guarantee for this matter, and Xilex Beijing is exempt from paying the guarantee fee. This matter does not constitute a related transaction or major asset restructuring. It has been reviewed and approved at the first meeting of the 6th board of directors of the company, and there is no need to submit it to the shareholders' meeting for consideration.