At the beginning of September 2022, under the unfavorable situation that the COVID-19 was still prevalent, Mr. Chen Wei, the Chairman of the Board of Shanghai Shunxingu Semiconductor Technology Co., Ltd. (hereinafter referred to as the "Company"), led a team to visit Germany, Switzerland and Poland in succession, and discussed a package of issues such as technology research and development cooperation, business cooperation and core component supply with supplying companies, research and development institutions of universities and other strategic partners, achieving fruitful results. The Company has reached a consensus with Fricke and Mallah GmbH (hereinafter referred to as "FM") in utilizing simulation technology for equipment development and expanding the Chinese market. The Company has officially signed a five-year exclusive agency agreement with FM for their microwave generators and applications in the Greater China region. FM was founded in 1995 and is a leading German R&D and production enterprise for microwave power supplies and magnetron heads etc.. Benefiting from the advantages of this agreement, the Company will keep prioritizing the application of FM's advanced microwave equipment and technology, and promoting them to a larger number of Chinese customers.