Ruixin Technology announced that the company held the 11th meeting of the 7th board of directors on August 13, 2026 to review and pass the bill to terminate the issuance of shares and pay cash to purchase assets, raise supporting capital and related transactions, and withdraw the application documents. Since the target company was affected by the market environment and future profitability had unfavorable changes, it was decided to terminate the transaction after careful investigation and friendly negotiations with the counterparty. The company promised not to plan major asset restructuring matters within 1 month from the date of termination of this transaction announcement.

Ruixin Technology announced that the company held the 11th meeting of the 7th board of directors on August 13, 2026 to review and pass the bill to terminate the issuance of shares and pay cash to purchase assets, raise supporting capital and related transactions, and withdraw the application documents. Since the target company was affected by the market environment and future profitability had unfavorable changes, it was decided to terminate the transaction after careful investigation and friendly negotiations with the counterparty. The company promised not to plan major asset restructuring matters within 1 month from the date of termination of this transaction announcement.