Ruiyi Technology: Change the continuous supervision of the host brokers, from Soochow Securities to CITIC Investment

On August 9, 2022, Ruiyi Technology (836193.NQ) issued a change in the announcement of the continuous supervision of the host of the securities firm.

The announcement shows that Soochow Securities Co., Ltd. (hereinafter referred to as "Soochow Securities") has served as Shanghai Ruiyi Pharmaceutical Technology Co., Ltd. (hereinafter referred to as "Company") since January 15, 2018). During the continuous supervision of the company, the securities followed the principles of diligence and diligence, and fulfilled the continuous supervision obligations in accordance with relevant regulations and the contract.

In view of the needs of the company's strategic development, after fully communicating with Soochow Securities and friendly negotiation, the two parties decided to terminate the "Continuous Supervision Agreement" and reached an agreement on the termination of related matters.

The company held the sixth meeting of the third board of directors of the company on May 24, 2022. On June 8, 2022, the company's second temporary shareholders meeting was held to review and adopt the "Company and Soochow Securities Co., Ltd. The company's proposal to lift the continuous supervision agreement "and" "About the company and Soochow Securities Co., Ltd.

A proposal of the company's instructions for continuous supervision agreements "and the" Proposal on the Signing Agreement of the Signed Substance of the Company and CITIC Construction Investment Securities Co., Ltd. "and other related proposals.

And on May 24, 2022 and June 9, 2022, the designated information disclosure platform in the national small and medium -sized enterprise shares transfer system disclosed the "Announcement of the Sixth Meeting of the Third Board of Directors" and the "Second Interim shareholder of 2022 in 2022 Announcement of the General Assembly.

According to the relevant provisions and requirements of the China Securities Regulatory Commission and the national small and medium -sized enterprise shares transfer system, the company signed the "Lift and Supervision Agreement" with Soochow Securities on August 3, 2022, and on the same day, with CITIC Construction Investment Securities Co., Ltd. ( The following referred to as "CITIC Jianjun") signed the "Continuous Supervision Agreement" with effective conditions. The above agreements have come into effect from the date of issuing non -objection letters from national stock transfer companies.

On August 9, 2022, the company received the "Letter to the Local Supervision Agreement on the Solid Supervision Agreement" issued by the national SME shares transfer system limited liability company on August 5, 2022, " From the date of issuance of the objection letter, the agreement of all parties took effect.

The company's continuous supervision and hosting brokerage firms have been changed from Soochow Securities to CITIC Investment. The company's continuous supervision of the hosting of securities firms has been based on the full communication and friendly consultation of all parties. It will not have any risks and adverse effects on the company's production and operation activities, and will not have any impact on the company's stock price.

- END -