January 14, 2025, Shanghai, China - Steway (Shanghai) Electronic Technology Co., LTD. (Stock abbreviation: Steway, stock code: 688213) On January 13, 2025, the project capping ceremony of Steway Global Headquarters Park was held in Pudong New Area. Relevant leaders of Pudong New Area government were invited to attend the ceremony. Dr. Xu Chen, founder, Chairman and CEO of Steway, delivered a congratulatory speech at the ceremony. The successful capping of the main structure marks the stage progress made in the construction of the Steway Global Headquarters Park project and a key step towards the final delivery and use.

    At the ceremony site, invited leaders and guests from all walks of life witnessed the capping moment and extended warm congratulations, highly affirmed the efforts and professionalism of all parties involved in the project construction, and affirmed and placed expectations on the future development of Steway.
    Dr. Xu Chen, founder, chairman and CEO of Steway, delivered a speech on stage, elaborating on the far-reaching value and significance of the building topping for the development of enterprises, and looking forward to the future development prospects of Steway taking root in Pudong, a hot land of innovation, and extending the road to deep cultivation. Dr. Xu Chen said, "The construction of the global headquarters park is to meet the needs of the rapid growth of Steway's business volume, and is also an important milestone on the development road of Steway, reflecting the further expansion of the overall personnel scale of Steway, and is an important witness for Steway to complete the great step from a medium-sized enterprise to a world-class large-scale enterprise." The perfect park facilities will provide all Steway employees with a more comfortable, convenient and efficient working environment, create a focused and comfortable working atmosphere, and become a strong driving force and solid backing for Steway's talent attraction and long-term development in the future."

    Sitway Global Headquarters is located in Beicai Town, Pudong New Area. The foundation stone will be laid on February 1, 2023, with a total investment of about 850 million yuan, covering a total area of about 21,000 square meters and a total construction area of about 51,000 square meters, which can accommodate about 3,000 employees. With the joint efforts of all parties, the project has completed the construction of the main project in less than two years, and will become a set of R & D headquarters building, innovation research institute and vehicle chip verification center in one of the Steway corporate headquarters, bearing the global R & D and innovation activities of Steway, becoming a strong help for the company to further develop breakthroughs in the field of high-end imaging technology.

    Since its establishment, Steway has always focused on the innovation and research and development of high-end imaging technology, and actively expanded its business and team building, and has become one of the leading enterprises in China's semiconductor industry. With the rapid development and continuous expansion of the scale of Steway, the construction of the global headquarters park has become an important layout in the company's development strategy blueprint. The successful completion of the main structure of Steway Global Headquarters Park represents that the construction of Steway Global Headquarters Park is about to enter a new stage, laying a solid foundation for building a more efficient, convenient and advanced R & D environment and office space.
    In the future, Steway will continue to focus on high-end image sensor chips and advanced imaging technology, rely on the development advantages of the semiconductor industry in Pudong area, further increase investment in technological innovation, work together with all parties to create a world-class integrated circuit industry cluster, and provide better products and services for global customers.

About SmartSens Technology
    SmartSens Technology (Stock abbreviation: Smartway, stock code: 688213) is a high-tech enterprise engaged in the development, design and sales of CMOS image sensor chip products, headquartered in Shanghai, China, with R & D centers in many cities and countries.
    Since its establishment, Steway has always focused on the innovation and research and development of high-end imaging technology, and has been recognized and favored by many customers with its own performance advantages. As a CMOS image sensor product enterprise committed to providing multi-scenario applications and full performance coverage, the company's products have covered the full performance requirements of multi-scenario applications such as security monitoring, machine vision, intelligent vehicle electronics, and smart phones.
    Steway will uphold the vision of "allowing people to better see and understand the world with cutting-edge intelligent imaging technology", take customer needs as the core driving force, continue to promote the upgrading of cutting-edge imaging technology, expand product application areas, and work with partners to promote the deepening development of future intelligent imaging technology.