Stock Code: 002419 Stock Abbreviation: Rainbow Department Store Announcement No.: 2026-017
Rainbow Department Store Co., Ltd. Announcement of Resolutions of the Fifth Meeting of the Seventh Board of Directors
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The fifth meeting of the seventh Board of Directors of Rainbow Department Store Co., Ltd. (hereinafter referred to as the "Company") was held via communication on March 19, 2026. The meeting notice was sent to all directors and senior management via written and email methods on March 14, 2026. Nine directors were eligible to attend, and nine directors were present. The convening of this meeting complies with the "Company Law," the "Company Articles of Association," and the "Rules of Procedure for Board Meetings of the Company."
II. Deliberation of the Board Meeting
The meeting deliberated and approved the "Proposal on the Withdrawal of the Company's Application for Public REITs Issuance."
To effectively protect the interests of investors, further integrate project resources, and optimize operational management, the Company, after careful evaluation, proposes to withdraw the application for public REITs issuance.
The Company's current production and operation are normal. This matter will not have a significant adverse impact on the Company's production, operation, and financial situation, nor does it harm the interests of the Company and its small and medium shareholders.