China Changyuan Holdings Limited (“China Changyuan” or the “Group”) (formerly known as Changyuan Telecom Network Group Co., Ltd.) mainly sells and distributes mobile phones and digital products in the People's Republic of China (“China”). The Group was established in Hong Kong in 1992. It was first listed on the Hong Kong Stock Exchange Limited GEM (stock code: 8040) on February 16, 2000, and successfully transferred to the Main Board on January 26, 2004 (stock code: 110). The Group has a strong shareholder background and a dedicated professional management team. In 2021, the Group entered the database traffic monetization business for automatic eco-friendly bag pickers and mobile phone applications (known as Beijing Pocket Manager) in China. In 2024, the Group entered into a general distribution agreement with the licensor to license the Group to distribute “Philips” brand routers and related electronic products through channels (including licensed digital channels) in regions including China, Hong Kong and Macau, for a period of five years. Combining Chinese and Western culture with traditional and modern management philosophy is the Group's corporate culture to achieve the purpose of “focusing on the long term and improving every day”. “People-oriented, enterprise as home” is China's long-term enterprise spirit. Under the leadership of an energetic and courageous management, all employees of China will unite to implement the Group's goals and become one of the largest and best wireless communication and data product service providers in the region.