Rongbai Technology announced that the subsidiary Xiantao Rongbai plans to introduce BOC Investment through capital increase and share expansion. BOC Investment uses a cash capital increase of RMB 300 million and is expected to obtain 15.9811% shares after the capital increase; Xiantao Rongbai Technology and Xiantao Rongchuang 1 relinquished their priority subscription rights. After the capital increase is completed, the company's indirect shareholding ratio in Xiantao Rongbai is expected to drop from 100% to 84.0189%, which is still included in the scope of the consolidated statement. The transaction has been reviewed and approved by the board of directors, the relevant agreement has not been formally signed, and there is no need to submit it to the shareholders' meeting for review.

Rongbai Technology announced that the subsidiary Xiantao Rongbai plans to introduce BOC Investment through capital increase and share expansion. BOC Investment uses a cash capital increase of RMB 300 million and is expected to obtain 15.9811% shares after the capital increase; Xiantao Rongbai Technology and Xiantao Rongchuang 1 relinquished their priority subscription rights. After the capital increase is completed, the company's indirect shareholding ratio in Xiantao Rongbai is expected to drop from 100% to 84.0189%, which is still included in the scope of the consolidated statement. The transaction has been reviewed and approved by the board of directors, the relevant agreement has not been formally signed, and there is no need to submit it to the shareholders' meeting for review.