Ingdan, Inc. (Stock Code: 400) Enters MOU on AIoT Enterprise Incubation with Shenzhen Huixin Equity Investment and NARFD

Bulletin Express11-06

Ingdan, Inc. (Stock Code: 400) announced on November 6, 2025, that it signed a non-legally binding memorandum of understanding (MOU) with Shenzhen Huixin Equity Investment Management Co., Ltd. and the National Innovation Center For Advanced Radio Frequency Devices (NARFD), aiming to jointly establish an AIoT innovative enterprise incubation platform.

According to the announcement, Ingdan, Inc. will leverage its AI chip application, solution design, and supply chain integration capabilities, while NARFD provides resources in research and development, incubation, and capital. The MOU outlines a framework for collaboration to offer comprehensive startup support for AIoT enterprises. NARFD, established under the guidance of the Ministry of Industry and Information Technology, serves as a key part of the national manufacturing innovation center system. The partnership expects to strengthen technology, capital, and industry resources, enhancing Ingdan, Inc.’s position in AI hardware and accelerating commercialization of innovative AI products. However, as the MOU is non-legally binding, the proposed cooperation may or may not proceed, and caution is advised for shareholders and potential investors.

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