Under the Agreement, DCX has agreed to provide an initial strategic investment of US$4 million, subject to the terms and conditions of the Agreement, to support the continued development of the Platform, including the optimization of its underlying artificial intelligence models and localization for the North American market. Pursuant to the Agreement, The Agreement provides for DCX to have the exclusive right to market, sell, and commercially operate the Platform throughout North America, subject to the terms and conditions of the Agreement. Revenue from the commercialization of the Platform will be shared on a 60/40 basis, with 60% allocated to DCX and 40% to Whales AI, as calculated and determined in accordance with the Agreement.

The Agreement also establishes a framework for potential future investment and expanded cooperation. Subject to the Platform's development progress, commercialization milestones, and further mutual agreement, DCX may consider additional investments of up to US$16 million. Any such additional investment will be subject to separate definitive agreements between the parties and will not constitute a binding funding commitment under the current Agreement.

The Company believes that the increasing adoption of artificial intelligence in education presents significant opportunities for AI-powered educational robotics and personalized learning solutions. By combining Whales AI's technology development capabilities with DCX's planned commercialization efforts in North America, the strategic cooperation is expected to create opportunities for the Company to expand into new business areas, develop potential long-term revenue streams, and support future business growth.

DCX looks forward to participating in the evolving AI education market through this strategic cooperation and continuing to explore the long-term growth potential of AI-driven commercial applications.