Fashion Daily: Intends to change the stock abbreviation to "Pu Yuan Materials"

On March 11, Ribo Fashion announced that the board of directors approved the proposal to change the company's stock abbreviation from "Ribo Fashion" to "Puyuan Materials", while keeping the stock code unchanged. This change in stock abbreviation does not require approval from the company's shareholders' meeting, but still needs to be applied for and approved by the Shanghai Stock Exchange before it can be implemented.