Hongbo to establish Beijing AI Innovation Empowerment Center with Nvidia and others.

$NVIDIA(NVDA.US)$ $Hongbo Co.,Ltd.(002229.SZ)$
announced that in order to further accelerate the layout of new profit points for the Company ("Party C"), expand the Company's business chain and increase the Company's investment income, the Company and Zhongguancun Zhongheng Cultural Technology Innovation Service Alliance ("Party A"), Nvidia Corporation ("Party B") and Beijing InBev Digital Technology Co., Ltd ("Party D") signed the Cooperation Agreement on the joint cooperation in establishing Beijing AI Innovation Empowerment Center in Beijing to carry out project construction and operation services in relevant artificial intelligence technology fields.

Through this cooperation, with the industry background, industrial resources and technical support of Party A and Party B, the Company will establish a professional team through its subsidiary, InBev Digital, to carry out industrial investment, industrial cultivation and industrial operation in the field of artificial intelligence and computing power center infrastructure.

After the project is completed, the company will make full use of its capital and management advantages combined with NVIDIA's rich technical experience to create competitive products and services, create new profit growth points for the company, help the company's business to expand into the artificial intelligence industry, and realize AI to metaverse infrastructure, medical and life sciences, intelligent manufacturing, modern logistics, industrial design, culture and creativity, intelligent networked vehicles and other industries by means of ecological introduction and local incubation. creative, intelligent network-connected vehicles and other industries to promote the transformation and upgrading of key industries.