Hainan Ruize: Lingshui Ruize plans to invest approximately 60 million yuan to jointly develop the Xinhuo mixing station project in Wenluo Town.

Hainan Ruize announced that on August 14, 2026, the company's board of directors approved a proposal for its subsidiary Lingshui Ruize to cooperatively develop the Xinhua Mixing Station project in Wenluo Town with Lingshui Xiangmin. The cooperation development contract was signed on August 17. Lingshui Xiangmin will contribute land use rights valued at 5.7561 million yuan as its investment and will receive fixed annual returns; Lingshui Ruize will invest approximately 60 million yuan in funds, technology, equipment, etc., and will be responsible for the full investment, construction, and operational management of the project. The cooperation period will be twenty years, with a total development cycle of 12 months; the fixed annual return for the first to fifth years will not be less than 800,000 yuan per year, with an incremental increase of 20% every five years thereafter.