Runze Technology: intends to issue convertible corporate bonds to purchase 42.56% equity of Guangdong Runhui Technology Development Co., Ltd.

Runze Technology Announcement: The company plans to purchase 42.56% of the equity of Guangdong Runhui Technology Development Co., Ltd. through the issuance of convertible corporate bonds, and plans to raise funds from up to 35 specific investors. The payment method for this transaction is the issuance of convertible corporate bonds, and the specific transaction price has not yet been determined. It will be based on the asset valuation report issued by the evaluation agency and determined through negotiation by the parties involved in the transaction. The transaction parties include 12 investors such as China Gold-Rain Investment Partnership Enterprise, China Eastern Asset Management Co., Ltd., and CITIC Securities Investment Co., Ltd.