RUIHE DATA: Establishing a strategic partnership with Shanghai Yuanlu Jiajia Information Technology - Focusing on innovation and building a new ecosystem for domestic AI computing power

According to the announcement from RUIHE DATA (03680), its wholly-owned subsidiary Shenzhen Suoxinda Data Technology Co., Ltd. has signed a strategic cooperation agreement with Shanghai Yuanlu Jiajia Information Technology Co., Ltd. (strategic partner) on July 27, 2025. Both parties announced that they will deeply integrate their core advantages in the fields of financial technology and intelligent computing power to jointly create a full-link digital intelligence solution for the entire industry, centered on domestically produced GPUs, comprising "hardware + software + industrial solutions," driven by domestic innovative forces to promote the intelligent upgrade of the industry.

According to the strategic cooperation agreement, both parties will conduct joint technological research and development in areas such as domestically produced alternative intelligent computing power bases, financial data intelligence, digital marketing, artificial intelligence training grounds, and intelligent agents. They will engage in comprehensive strategic cooperation in financial industry application solutions and digital platform operations, confirming the priority and non-replicability of this strategic cooperation within the systems of each partner.

Both parties intend to jointly promote the development of financial industry application solutions and technological products in financial data intelligence, digital marketing, and artificial intelligence, based on domestically produced alternative self-controllable core software and hardware technologies.

Both parties will fully utilize the technological advantages and market influence of MuXi Integrated Circuit (Shanghai) Co., Ltd.'s domestically produced GPU chip products, leveraging RUIHE DATA's rich experience in the field of financial technology, data intelligence, and digital marketing, as well as the strategic partner's technological advantages in computing power bases and intelligent agent training grounds, to deeply adapt and integrate their software and hardware systems, jointly promoting the implementation of domestically produced alternative integrated artificial intelligence foundational systems and industry application solutions.

Both parties plan to jointly promote the technological research and development, platform operation, and market promotion of high-quality, fully compatible new computing power clusters based on domestically produced alternative mixed training architectures in the financial field. They also plan to explore new digital business (DIM) intelligent operation systems driven by technologies such as artificial intelligence, blockchain, and the Internet of Things in the financial field, empowering the transformation and upgrading of the real economy and promoting innovation and development in the real industry.

Both parties plan to lead the construction of a new type of "quantum city" initiated in Shanghai, using the Pudong New Area of Shanghai as a pilot base, to jointly study financial data intelligence management and decision-making models, build financial spatiotemporal training grounds and urban financial intelligent ecosystems, and actively participate in the innovative exploration and demonstration construction of spatial upgrades, financial industry development, and operational management in the new generation of cities.

The strategic partner is an independent third-party institution with no connections to any related parties. As a high-tech digital technology company headquartered in China, specializing in artificial intelligence, blockchain, the Internet of Things, and virtual reality/augmented reality, the strategic partner provides digital technology development and platform services in various fields such as IT software and hardware, bulk commodities, new materials, modern agriculture, logistics, and healthcare, and holds qualifications as a "Shanghai High-tech Enterprise," "Shanghai Double Soft Enterprise," and "Shanghai Specialized and Innovative Enterprise."

This cooperation is a key step for RUIHE DATA to deepen its strategic layout and expand its business territory. Our group will establish an innovation division, focusing on cultivating cutting-edge technology applications in AI, blockchain, integrated software and hardware, and digital asset trading, to create new business growth points The board of directors believes that this strategic partnership can enhance the group's market position and improve its reputation as an innovator in smart finance. Furthermore, this strategic partnership enables the group to acquire cutting-edge artificial intelligence technology and upgrade its financial solutions