<p>➀ Nanjing EDA company, Xinhua Zhang, has completed a strategic upgrade in early 2025, appointing Xie Zhonghui and Qi Zhenghua as Co-CEOs, and Wang Libin as Chairman, focusing on strategic resource integration and financing.</p><p>➁ Xinhua Zhang was established in Nanjing in March 2020, focusing on digital verification, offering verification solutions from chips to systems, and has released over a dozen digital verification products with over 200 independently developed patent applications.</p><p>➂ The management change is a key step for Xinhua Zhang's scaling-up development, aiming to strengthen strategic execution, accelerate product and market collaboration, and respond to the increasingly intense semiconductor EDA market competition.</p>