Raymond Chui: Shareholder Sam Pui Chau intends to reduce his stake in the company by no more than 2.4 million shares.

Ruifeng Gaocai announced on September 21st that the shareholder Sang Peizhou, holding more than 5% of the company's shares, plans to reduce his holdings by no more than 2.4 million shares through centralized bidding within 3 months after 15 trading days from the disclosure date of the announcement, which is no more than 0.9584% of the company's total shares. The selling price will be determined based on the secondary market price at the time of the reduction, and the reason for the reduction is personal financial needs. The implementation of this reduction plan is uncertain.