Bangsheng Space: Intends to invest in the establishment of wholly-owned subsidiaries Bangsheng Space (Guangxi) Data Co., Ltd. and Guangxi Bangsheng Space Information Technology Co., Ltd

On June 3rd, Bangsheng Space and Time announced that the company plans to invest in the establishment of wholly-owned subsidiaries, "Bangsheng Space and Time (Guangxi) Data Co., Ltd." and "Guangxi Bangsheng Space and Time Information Technology Co., Ltd.", to enhance product competitiveness and market influence due to strategic development needs. The company held the 16th meeting of the 4th Board of Directors on June 3, 2026, and approved the proposals on the establishment of a wholly-owned subsidiary, Bangsheng Spatio Temporal (Guangxi) Data Co., Ltd., and Guangxi Bangsheng Spatio Temporal Information Technology Co., Ltd., without the need for recusal from voting; This external investment still needs to be submitted to the company's shareholders' meeting for review.