Renji Corporation: The first-instance judgment or ruling in the lawsuit by 28 investors will not affect profits and losses for now.

Ren Zhi Corporation announced that the company has received a first-instance judgment or ruling on lawsuits from 28 investors served by the Shenzhen Intermediate Court, with a total claim amount of 983,100 yuan. Among them, the first-instance judgment dismissed all the litigation requests of Wang * Liang and others; Ma * Bin withdrew his lawsuit in advance; the ruling allowed Guo * Lan and others to withdraw their lawsuit or be automatically dismissed. The current cases do not involve any payment of compensation, and have no impact on the company's profit and loss for the time being. However, as the first-instance judgment is still within the appeal period, the final impact will be determined by the effective judgment of the court.