Rui Neng Technology intends to acquire no more than 75% of the equity of Botai Intelligence to obtain controlling rights. The stock will be suspended from trading starting tomorrow.

Rui Neng Technology Announcement: The company is planning to acquire up to 75% equity of Bote Intelligent Equipment Co., Ltd. through a combination of issuing shares and paying cash to obtain controlling rights, and to raise supporting funds. This transaction is expected to not constitute a major asset restructuring and will not lead to a change in the company's controlling rights. Due to the uncertainty of the matter and to protect the interests of investors, the company's stock will be suspended from trading starting from March 26, 2026, with the suspension expected to last no more than 10 trading days.