Runjian shares: The military ban incident did not meet disclosure standards, it is expected to have a minor impact on business.

date
08/09/2025
An investor asked whether the company needs to disclose the news that the company has been banned from military procurement for several days, please clarify the situation. Runjian Shares stated on the interactive platform that the company is a victim in the mentioned matter. The actual reason is that the agent of the project's procurement goods has had their purchasing qualifications suspended by the military, resulting in related bidding units also having their procurement qualifications suspended. The company is currently appealing and will rectify the information and restore procurement qualifications as soon as possible, without affecting the company's legal qualifications to participate in other bidding activities. The proportion of military business revenue to operating income is less than 0.5%, and the overall business proportion is relatively low. This incident does not meet the disclosure standards and is not expected to have a significant impact on the company's business.