300828SZSE
🚨 Material Event

Explanation of the Board of Directors on the Dilution of Immediate Returns from this Restructuring and Related Measures

Ruixin Technology Co., Ltd.··4 pages

✨ AI Summary

The announcement outlines the impact of the restructuring on immediate returns and the measures to mitigate this effect. It highlights that the company plans to enhance its financial management and internal controls. Key figures for 2025 include projected revenue and profit metrics, indicating significant growth. The document emphasizes the commitment to maintaining investor interests and ensuring sustainable development.

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Full Translation

AI Translation· azure_openai

Tianjin Ruixin Technology Co., Ltd. (hereinafter referred to as "the Company") has approved the issuance of shares to pay cash for the acquisition of 51% equity in a limited liability company (hereinafter referred to as "the Target Company") in a transaction involving no more than 35 specific conditions for stock issuance fundraising (hereinafter referred to as "the Transaction").

According to the opinions of the Ministry of Finance on further strengthening the protection of small and medium-sized investors in the capital market (Document No. 110 [2013]), and the opinions of the Ministry of Finance on promoting the healthy development of the capital market (Document No. 17 [2014]), as well as the China Securities Regulatory Commission's (CSRC) Notice on the Development of the Capital Market (Document No. 1 [2015]), and other relevant laws and regulations, the Company has analyzed the impact of the Transaction on the Company's main financial indicators and described the measures to mitigate the dilution of immediate returns as follows:

I. Impact of the Transaction on the Company’s Main Financial Indicators

Based on the report issued by the Company’s accounting firm, the projected financial report for the Company in 2025 is as follows:

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