*ST Nong Shang: Dear investor, hello!Thank you for your attention to the environment for Nong Shang!
On May 13, 2024, the company disclosed the “Announcement on the Progress of Foreign Investment and Signing the” Society Agreement “.Responsible companies invest in 51%of its equity.Xinhe Zhihui intends to carry out the specific business as an ASIC chip for independent research and development for AI reasonable applications, independent research and development of solid -state hard drive (SSD) controllers, data center systems, and enterprise software business.Due to the effects of geopolitical risks, macroeconomic operations, industry market environment, industry policy, business development, and labeled expected cooperation between the two parties, this foreign investment may encounter policy risks, market competition risks, operating management risks, costs and costs, costs and costs, and costsRisks such as increasing expenses will cause the company’s investment income to have uncertainty risks.
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