Ruyi Group'S Financial Information: Pre Disclosure Announcement On Share Reduction Of Shareholders Holding More Than 5% Shares

China Orient Asset Management Co., Ltd. (hereinafter referred to as "Orient Asset"), a shareholder holding 18.9355 million shares (7.24% of the total share capital of the Company) of Shandong Ruyi Woolen Textile Garment Group Co., Ltd. (hereinafter referred to as "the Company" and "Ruyi Group") It is planned to reduce the shares of Ruyi Group by block trading or centralized bidding within six months from the date of the release of this pre disclosure announcement of share reduction to no more than 5 million shares (accounting for 1.91% of the total share capital of Ruyi Group), of which the starting date of share reduction by centralized bidding is six months after fifteen trading days from the date of the release of this pre disclosure announcement of share reduction, And the total number of shares reduced within any consecutive 90 days does not exceed 1% of the total number of shares of Ruyi Group; The starting date of share reduction through block trading is six months after three trading days from the date of the announcement of pre disclosure of the shares to be reduced, and the total number of shares to be reduced within any consecutive 90 days does not exceed 2% of the total number of shares of Ruyi Group;. If there are share changes such as share bonus and capital reserve converted into share capital during the planned shareholding reduction period, the number of shares mentioned above will be adjusted accordingly.

Content excerpted from: http://www.cninfo.com.cn, content quoted from: Ruyi Group, Announcement No.: 2023-010