On July 8th, Gelunhui reported that Hongjing Technology (301396.SZ) held the 14th meeting of the 3rd Board of Directors on July 8th, 2024, based on overall strategic layout and business expansion needs. It approved the "Proposal on Foreign Investment" and agreed to sign the "Equity Investment Contract" with Deepsea Light (Beijing) Advanced Computing Technology Co., Ltd. (hereinafter referred to as "Deep Sea Light (Beijing)"), and Shanghai Xintao Enterprise Consulting Co., Ltd. (hereinafter referred to as "Shanghai Xintao"). The company plans to jointly increase the capital of Deepsea Light (Qinghai) Advanced Computing Co., Ltd. (hereinafter referred to as "Deep Sea Light (Qinghai)" or the "target company") with Deepsea Light (Beijing) and Shanghai Xintao, and the company plans to use its own funds to increase capital by 10 million yuan, and subscribe to the new registered capital of the target company. After this capital increase is completed, the company will hold 20% equity of the target company.