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Second, technological innovation and R&D strengthThe outstanding performance of China Great Wall in the field of innovation is not only reflected in its technological innovation and market expansion ability, but also in its profound understanding and positive response to the national innovation strategy. As the leader of the information industry, China Great Wall will continue to play a role as a benchmark, strive to become a strategic scientific and technological force in the field of national network information, and contribute strong kinetic energy to building a network power and a digital China.Second, technological innovation and R&D strength

IV. Capital Operation and Future DevelopmentIV. Capital Operation and Future DevelopmentAt the beginning of 2022, China Great Wall completed a fixed increase of nearly 4 billion yuan to raise funds for domestic high-performance computer and server core technology research and development and capacity improvement projects, information and new energy infrastructure construction projects, high-tech electronic innovation and application projects, etc., with the aim of strengthening the layout of the network information industry, enhancing the core technology research and development capabilities and meeting the market demand for domestic high-performance computers and servers. Although Great Wall Information terminated the spin-off and listing, the company indicated that the follow-up capital operation arrangement needed further analysis and demonstration, which showed China Great Wall's flexible strategy in capital operation and thoughtful consideration for future development.

The outstanding performance of China Great Wall in the field of innovation is not only reflected in its technological innovation and market expansion ability, but also in its profound understanding and positive response to the national innovation strategy. As the leader of the information industry, China Great Wall will continue to play a role as a benchmark, strive to become a strategic scientific and technological force in the field of national network information, and contribute strong kinetic energy to building a network power and a digital China.The outstanding performance of China Great Wall in the field of innovation is not only reflected in its technological innovation and market expansion ability, but also in its profound understanding and positive response to the national innovation strategy. As the leader of the information industry, China Great Wall will continue to play a role as a benchmark, strive to become a strategic scientific and technological force in the field of national network information, and contribute strong kinetic energy to building a network power and a digital China.At the beginning of 2022, China Great Wall completed a fixed increase of nearly 4 billion yuan to raise funds for domestic high-performance computer and server core technology research and development and capacity improvement projects, information and new energy infrastructure construction projects, high-tech electronic innovation and application projects, etc., with the aim of strengthening the layout of the network information industry, enhancing the core technology research and development capabilities and meeting the market demand for domestic high-performance computers and servers. Although Great Wall Information terminated the spin-off and listing, the company indicated that the follow-up capital operation arrangement needed further analysis and demonstration, which showed China Great Wall's flexible strategy in capital operation and thoughtful consideration for future development.