Plan to acquire a 13.12% equity stake in Dongfang Jinxin, and Ruichen Stock issued a regulatory letter to the Shanghai Stock Exchange.

On February 7th, the Shanghai Stock Exchange issued a regulatory work letter regarding the external investment related matters of Richen Technology, involving the listed company. Prior to this, Richen Technology announced that the company planned to acquire 10.89% equity of Beijing Oriental Golden Trust Technology Co., Ltd. held by Yingshi Sheng, Dongwu Golden Science, and Shi Qiling for RMB 166.1973 million. At the same time, the company planned to increase the capital of Oriental Golden Trust by RMB 100 million, of which RMB 1.835528 million will be included in the registered capital, and the remaining RMB 98.164472 million will be included in the capital reserve. After the capital increase, the registered capital of Oriental Golden Trust will increase from RMB 715.85623 million to RMB 734.21151 million. After the completion of the equity transfer and capital increase, the company will acquire a 13.12% stake in Oriental Golden Trust for RMB 266.1973 million, and Oriental Golden Trust will not be included in the company's consolidated financial statements, and will not have an impact on the company's consolidated financial statements. Oriental Golden Trust is a developer of big data basic software.