Shanshi Network Technology: Good results achieved in ASIC chip trial production and internal testing.

On October 17th, Jinshi Data announced that the ASIC security dedicated chip developed by the company has recently completed the first trial production. The trial chip was returned on time at the end of September 2024 and successfully completed the verification test within the company, meeting all design requirements. After this test is completed, the ASIC chip still needs to enter the mass production stage. It takes a certain period of time from the completion of ASIC chip development to product mass production. There are risks such as uncertain application time for related products and changes in downstream market demand. Please be aware of investment risks.

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