Ruili Technology issued 46 yuan per share to purchase 16 million yuan worth of assets from Cheng Yi.

Announcement from Rui Li Ke Mi: it is proposed to purchase 16% equity of Wuhan Codes through the issuance of shares, with a transaction price of 16 million yuan. The pricing date of this transaction is the announcement date of the third meeting of the fifth board of directors of the listed company. The issuance price is 46 yuan per share, the issuance quantity is 347,800 shares, accounting for 0.19% of the total share capital after issuance. The counterparty, Cheng Yi, has committed not to transfer the shares acquired from the listing date of the shares for a period of 12 months. After the completion of this transaction, the listed company's shareholding percentage in Wuhan Codes will increase from 84% to 100%. This transaction will not result in any changes to the controlling shareholders or actual controllers of the company.