Beijing Digitong Trading Co., Ltd. (the “Company” or “Digitong”) was founded in 2001 and listed on the Hong Kong Stock Exchange Limited (“Stock Exchange”) in 2014 (stock code: 06188). As of June 30, 2024, the Company had more than 100 subsidiaries (collectively referred to as “the Group” or “us”), and opened more than 650 direct and franchise stores in 20 provinces and 4 municipalities directly under the Central Government in China. Since its establishment, the company has always been committed to the sales and service of mobile communication terminals, providing consumers with a series of comprehensive services such as mobile phone hardware and accessories sales, value-added software services, personalized mobile phone services and after-sales service through huge offline sales channels and online sales platforms. In order to better adapt to the development environment of the retail industry under the new situation at home and abroad, the Group is steadily advancing “implementing new retail” and “strengthening 1+N” strategies through a multi-channel operation system and multi-dimensional service model, and actively develops new retail business and diversified product sales business, thereby stabilizing market competitiveness and brand influence. While consolidating the original business, the path of exploration, transformation, upgrading and development of the new energy business “lays out a new circuit” has already achieved initial results. The household photovoltaic business has achieved breakthroughs and promoted model replication in Daixian County, Shanxi, and has now gradually been implemented in Jiangsu, Hubei and other provinces.