Runhe Software announced that Wuxi Runhe Software Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to use no more than 70 million yuan of its own capital to participate in the auction for housing ownership rights and corresponding state-owned construction land use rights at 111-17 Linghu Avenue, Xinwu District, Wuxi City for daily business and office use. The reserve price of this auction is 69.552,900 yuan, and it must be carried out through listing and concession. There is uncertainty about whether it can be contested, the final transaction price, and the time of acquisition. The matter has been reviewed and approved by the 8th meeting of the 8th board of directors of the company. There is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a related transaction or major asset restructuring.

Runhe Software announced that Wuxi Runhe Software Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to use no more than 70 million yuan of its own capital to participate in the auction for housing ownership rights and corresponding state-owned construction land use rights at 111-17 Linghu Avenue, Xinwu District, Wuxi City for daily business and office use. The reserve price of this auction is 69.552,900 yuan, and it must be carried out through listing and concession. There is uncertainty about whether it can be contested, the final transaction price, and the time of acquisition. The matter has been reviewed and approved by the 8th meeting of the 8th board of directors of the company. There is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a related transaction or major asset restructuring.