BEIJING, Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Research Institute, and Haikou Comprehensive Free Trade Zone Management Committee plan to sign a cooperation agreement, namely "postgraduate training and practice base", marking the three parties contributing to the development of domestic innovation to make the talent ecological construction more perfect. Subsequently, the three parties will take the joint training of master's degree students, and school tutor pairing as an entry to expand the field of cooperation, considering the country's major needs and industrial advantages of Haikou, through close cooperation and integration of advantageous resources on all fronts, and to further promote the school to jointly declare the national local scientific research projects, and the construction of key laboratories and other cooperation. To fully implement the scientific research, training of talents, and service.

Shenzhen University, located in Shenzhen, Guangdong Province, is a comprehensive university approved by the Ministry of Education of China, under the supervision of Guangdong Province and sponsored by the Shenzhen Municipal People's Government. Shenzhen University has been developing rapidly in the fields of talent cultivation, innovation, and technology research and development, and has achieved more original achievements in science and technology. The university's mechanical design and manufacturing, automation, semiconductor integrated circuits and other disciplines have a very good possibility of docking with Lixin Technology. The establishment of the postgraduate training base develops a broad space for cooperation between the two sides.

Haikou Comprehensive Free Trade Zone was also approved by the State Council. Haikou Free Trade Zone sticks to developing itself, building scientific, intelligent, ecological planning industrial sites. Take high-tech industries as the leading, driving the development of the warehousing and logistics industry. Institutional innovation, technological innovation and policy incentives to benefit the development of the surrounding economy. The development strategy has made gigantic achievements. Sites have become a high-tech industry development base and demonstration plot in Hainan Province, and effectively stimulate the economic growth of its surroundings.

MicroAlgo Inc. believes that further deepening of the cooperation between the three parties will certainly provide strong support for the sustainable development of the semiconductor industry. At the same time, the joint training of postgraduate students for the industry will also contribute to the construction of academic disciplines and the transformation of scientific and technological achievements of Shenzhen University, and will make an important contribution to the development of the country, as well as to the cultivation and retention of high-end technological talents.