Shun Hao Co., Ltd. announced on January 13 that the company holds 19.3% of the shares of BeijingChangHuo Technology Co., Ltd. (hereinafter referred to as "ChangHuo"). In view of the promising future business development prospects of轨道ChangHuo, the company plans to increase its capital in the joint venture company ChangHuo by 749.804 million yuan. After the capital increase, the company's shareholding ratio inChangHuo will be 28.68%, and it will not lead to changes in the scope of the company's consolidated financial statements.