Daily Fashion: The stock abbreviation will be changed to "Puyuan Materials" starting from March 25th.

On March 19th, Ribo Fashion announced that, after the company's application and approval by the Shanghai Stock Exchange, the company's securities abbreviation will be changed from "Ribo Fashion" to "Puyuan Materials" starting from March 25th, 2026. The company's securities code "603196" will remain unchanged. This change in the company's securities abbreviation is in line with the actual situation of the company and does not involve any manipulation to influence the company's stock price or mislead investors, nor does it harm the interests of the company and minority shareholders.