Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-53

For the naysayers who dont believe EM is a real business this is adequate proof for me that EY see real potential in the future of the EM business.

China's Most Potential Enterprises" is an open selection jointly conducted by Ernst & Young and Fudan University School of Management. The participating companies are all unlisted companies with excellent performance and growth potential, aiming to discover China strategies in the early stages of enterprise development. The future industry leader of the industry. Earth Mountain was successfully shortlisted and finally won the award with its digital MEMS sound chip.

The Earth Mountain digital MEMS sound chip has the characteristics of full spectrum, high fidelity, small size, low energy consumption, noise cancellation, and low cost. It can be used as an independent speaker or cascaded in any multiple of the same chip, using digital MEMS technology to restore the sound waveform. Realizing the combination of tradition and innovation, it has wide application space in embedded applications, stand-alone applications, specific applications, customized applications and more cutting-edge innovative products.


The period from 2022 to 2025 is a critical period for the digital transformation of Chinese enterprises. The development of the digital economy has moved from top-level planning and design to a new stage of guidance and implementation. With the in-depth development of a new round of technological revolution and industrial transformation, high-precision industries such as virtual reality, cloud computing or digitalization, and medical health have shown broad room for development.

For technology companies, the complex and ever-changing market not only brings new challenges, but also new opportunities and new markets. The Earth Mountain digital MEMS sound chip changes the traditional way of sound production and creates new technologies, new models, new tracks, and new fields in the sound industry. It will drive the sound industry and products in the sound field to achieve healthy and long-term development, and become a new business card of China's intelligent manufacturing.