Shannon Core created a joint storage giant SK Hynix and Dapu Microelectronics to set up Heap Storage to enter the enterprise SSD market.

[Shannon Core Co., Ltd., joint storage giant SK Hynix and Dapu Microelectronics set up Heidi Storage to enter Enterprise SSD Market] Shannon Core Chuang announced that the company intends to invest 35 million yuan to jointly set up Heidi Storage with SK Hynix and Dapu Microelectronics. Shannon Core accounts for 35%. The newly established Heep Storage is mainly engaged in the design, production and sales of enterprise solid state storage (SSD) products. In the context of the current digital economy and the explosion of ChatGPT and artificial intelligence, large models, computing power and storage will face great opportunities for development. Shannon Core Co., Ltd. cooperates with the world's top storage company SK Hynix and Dapu Micro, a leading enterprise-class SSD master chip designer in China, and Heidi Storage will usher in a better development opportunity. Heidi Storage, as a holding subsidiary of Shannon Xinchuang, will also be included in the consolidated statement.