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After the directors' adjustment, Huada Jiutian will be included in the consolidated statements of China Electronics Group in terms of financial treatment and managed as a consolidated enterprise of China Electronics Group. At the same time, China Electronics Group plans to adjust Huada Jiutian from a strategic shareholding enterprise to a holding enterprise for management, and the internal management regulations of China Electronics Group on holding enterprises shall apply. The actual controller of Huada Jiutian intends to change from no actual controller to China Electronics Group, the controlling shareholder of the company's largest shareholder.Huada Jiutian is currently one of the few companies in China that can provide a full-process EDA tool system. According to public information, Huada Jiutian can provide a full-process EDA tool system for analog circuit design, which is also one of the world's leading EDA solutions for analog circuit design. The company aims to realize the construction of full-process tool system for integrated circuits in 2025, and fully realize the full-process coverage of EDA tools in various fields of integrated circuit design and manufacturing in 2030.After the directors' adjustment, Huada Jiutian will be included in the consolidated statements of China Electronics Group in terms of financial treatment and managed as a consolidated enterprise of China Electronics Group. At the same time, China Electronics Group plans to adjust Huada Jiutian from a strategic shareholding enterprise to a holding enterprise for management, and the internal management regulations of China Electronics Group on holding enterprises shall apply. The actual controller of Huada Jiutian intends to change from no actual controller to China Electronics Group, the controlling shareholder of the company's largest shareholder.

Huada Jiutian is currently one of the few companies in China that can provide a full-process EDA tool system. According to public information, Huada Jiutian can provide a full-process EDA tool system for analog circuit design, which is also one of the world's leading EDA solutions for analog circuit design. The company aims to realize the construction of full-process tool system for integrated circuits in 2025, and fully realize the full-process coverage of EDA tools in various fields of integrated circuit design and manufacturing in 2030.Huada Jiutian is currently one of the few companies in China that can provide a full-process EDA tool system. According to public information, Huada Jiutian can provide a full-process EDA tool system for analog circuit design, which is also one of the world's leading EDA solutions for analog circuit design. The company aims to realize the construction of full-process tool system for integrated circuits in 2025, and fully realize the full-process coverage of EDA tools in various fields of integrated circuit design and manufacturing in 2030.

It is worth mentioning that the US Department of Commerce announced the latest "Entity List" on December 2, 2024 local time, and Huada Jiutian and its related subsidiaries were included in the list. In this regard, Huada announced the next day that the company is actively responding to the possible risks of being included in the "entity list". The impact of being included in the entity list by the United States is generally controllable. At present, the company's operation and financial situation are normal, and various businesses are progressing steadily. The company will seize the opportunity of development and accelerate the localization process of EDA tools in the whole process.China Electronics entered Huada for nine days with a market value of 66 billion yuan, and the domestic EDA leader was "incorporated"