On December 13, 2024, XSL-TECHNOLOGY (“XSL-TECHNOLOGY”) successfully held a signing ceremony for Series A equity investors in Nanxun District, Huzhou City. As the first time to face the primary equity market financing, all the shareholders' representatives attended the signing ceremony to discuss the development plan in 2025.

XSL-TECHNOLOGY has adopted the method of simultaneous fund-raising by the parent and subsidiary companies in this round of financing. The equity of the parent company was led by the fund initiated by CHNOVDIEA BRAND MANAGEMENT CONSULTAL CO., LTD. and followed by 3 industry chain investors, including Jiaxing Yunzhu Enterprise Management Co., Ltd. and Shenzhen THINVDIEA BRAND MANAGEMENT CONSULTAL CO., LTD. Subsidiary equity is invested exclusively by Xiaogan Changxing Investment Co. 

Ltd. (“CHINA REFORM SECURITIES CAPITAL CO.,LTD”) is a wholly-owned subsidiary of CHINA REFORM SECURITIES that uses raised funds to engage in unlisted equity investment, and is committed to exploring robust investment opportunities in leading industries, growth investment opportunities in core tracks, and value restoration opportunities in special cycles. restoration opportunities in special cycles. (“Changxing Investment”), another important investment institution, is an important investment, financing and development and construction platform of Xiaogan City, Hubei Province, undertaking the investment, financing and fund management responsibilities for major projects of the Xiaogan government.

As for the follow-on shareholders, Jiaxing Yunzhu Enterprise Management Co., Ltd. (“Jiaxing Yunzhu”) is an important cornerstone investor in the Company's early start-up stage, providing long-term and stable support to the Company in terms of capital and business. THINNOVDIEA BRAND MANAGEMENT CONSULTING (“THINNOVDIEA BRAND CONSULTING”) is a branding and strategic consulting and management organization founded by an independent investor, Mr. Ye Ming, which mainly provides enterprises with strategic planning, brand positioning, rebranding, visual design, private domain operation, brand marketing planning, in-house training, and on-line and off-line It mainly provides enterprises with strategic planning, brand positioning, visual design, private domain operation, brand marketing planning, corporate training, and online and offline channel integration.

The addition of the above heavyweight new and old shareholders will bring XSL-TECHNOLOGY more financial capital resources and industrial cooperation opportunities.