Rifeng Co., Ltd. announced that after approval, the company issued 346.908 million A-shares to specific targets at an issue price of 663 yuan/share. The total capital raised was 230 million yuan, with a net amount of 226 million yuan, which was paid on October 23, 2025. As of December 10, 2025, the company used self-raised funds to pre-pay the issuance fee of RMB 1,024,300, and plans to replace it with the same amount of raised capital. On December 12, 2025, the company's board of directors and audit committee reviewed and passed the bill. The independent directors issued an agreement. The sponsor verified that there was no objection. They believed that the replacement had not lasted more than 6 months, had not changed investment, did not affect project implementation, and did not harm shareholders' interests.

Rifeng Co., Ltd. announced that after approval, the company issued 346.908 million A-shares to specific targets at an issue price of 663 yuan/share. The total capital raised was 230 million yuan, with a net amount of 226 million yuan, which was paid on October 23, 2025. As of December 10, 2025, the company used self-raised funds to pre-pay the issuance fee of RMB 1,024,300, and plans to replace it with the same amount of raised capital. On December 12, 2025, the company's board of directors and audit committee reviewed and passed the bill. The independent directors issued an agreement. The sponsor verified that there was no objection. They believed that the replacement had not lasted more than 6 months, had not changed investment, did not affect project implementation, and did not harm shareholders' interests.