RUIFENG RENEW (00527) successfully won the bid for and acquired the land use rights in Xuanhua District, Zhangjiakou, Hebei for 84.94 million yuan. The stock will resume trading on May 27th.

RUIFENG RENEW (00527) announced that, on May 25, 2026, StarPath Intelligence Computing Power (a wholly-owned subsidiary of the company) successfully bid for and acquired the land use rights of the land located in Xuanhua District, Zhangjiakou City, Hebei Province, China. The land was auctioned off by the Xuanhua Sub-bureau of the Zhangjiakou Natural Resources and Planning Bureau through an open bidding process. Zhangjiakou Guorong Auction Co., Ltd. (responsible for the public listing and bidding process of the land) and StarPath Intelligence Computing Power signed a land listing confirmation letter on May 25, 2026. According to the requirements of the land's open bidding process, StarPath Intelligence Computing Power will sign a land use right transfer contract with the Xuanhua Sub-bureau of the Zhangjiakou Natural Resources and Planning Bureau, with completion expected in June 2026. The land was priced at RMB 84.94 million, based on the winning bid of the open bidding process conducted in accordance with relevant Chinese laws and regulations. The land is located on the north side of Zhaochuan Town in Xuanhua District, consisting of four contiguous parcels totaling approximately 144,840 square meters. The land is designated for industrial use with a lease term of 50 years. The land will be specifically used for the construction of Phase I of the Xuanhua Artificial Intelligence Computing Center, which is the core supporting site for the group's computing expansion. With strong demand and increased competition in the computing power market, building a large-scale green computing power cluster has become a core competitive advantage. Acquiring this contiguous industrial land will provide crucial spatial support for the group to build a leading inference computing power cluster in North China, facilitating the formation of economies of scale and enhancing market competitiveness and profitability. The plot is located in an area rich in renewable energy resources in Zhangjiakou, laying the foundation for future development of a gigawatt-level green electricity-connected computing power park, helping to establish an integrated operation model of "green electricity + computing power + energy storage," effectively controlling costs and strengthening long-term competitive advantages. The acquisition of land use rights is an important step for the group's transformation into a comprehensive green computing power service provider, optimizing business structure, nurturing new profit growth points, deeply anchoring national strategies, seizing the high ground of the computing power industry, and building key competitive barriers. This strategic milestone has far-reaching significance and is in line with the overall interests of the company and all shareholders. In addition, the company has applied for the resumption of trading on the Stock Exchange starting from 9:00 AM on May 27, 2026.