Guangzhou Lingwe Technology Co.,Ltd. (301373.SZ) announced that the company has established a wholly-owned subsidiary, Guangzhou Lingwe Property Management Co., Ltd. (referred to as "Lingwe Property"), with its own funds of RMB 1 million based on overall strategic development and business expansion needs. Recently, Lingwe Property has completed industrial and commercial registration and obtained a business license issued by the Administrative Approval Bureau of Guangzhou Nansha Economic and Technological Development Zone.

The establishment of this wholly-owned subsidiary represents the company's initiative to build a professional property management platform, implement intensive operation strategies, and construct a dual-value closed loop of "management cost reduction and efficiency enhancement coupled with service value-added efficiency improvement." By leveraging digital service scenarios, the company aims to create a one-stop smart service ecosystem. Through high-efficiency management and convenient supporting services, this initiative will enhance the attractiveness of the company's headquarters building and R&D center, improve employee experience, and comprehensively strengthen the company's core competitiveness and sustainable development momentum.