Ruichuang Weina announced that its wholly-owned subsidiary Shanghai Weiqi Investment Co., Ltd. plans to sell 65% of its shares in Yantai Ruici New Material Technology Co., Ltd. to Yantai Qichuang Xinyuan Technology Co., Ltd. at a price of RMB 21.762 million. Among them, 51% of the shares were sold to Yantai Qichuang for RMB 17.0748 million, and 14% of the shares were sold to Zhang Juxian for RMB 4.6872 million. This transaction constitutes a related transaction and does not constitute a major asset restructuring. After the transaction is completed, Weiqi Investment will no longer hold shares in Rui Ci New Materials, and Rui Ci New Materials will no longer be included in the scope of the company's consolidated statements.

Ruichuang Weina announced that its wholly-owned subsidiary Shanghai Weiqi Investment Co., Ltd. plans to sell 65% of its shares in Yantai Ruici New Material Technology Co., Ltd. to Yantai Qichuang Xinyuan Technology Co., Ltd. at a price of RMB 21.762 million. Among them, 51% of the shares were sold to Yantai Qichuang for RMB 17.0748 million, and 14% of the shares were sold to Zhang Juxian for RMB 4.6872 million. This transaction constitutes a related transaction and does not constitute a major asset restructuring. After the transaction is completed, Weiqi Investment will no longer hold shares in Rui Ci New Materials, and Rui Ci New Materials will no longer be included in the scope of the company's consolidated statements.