Sell the assets to repay the loan! Hainan Ruize will withdraw 10 million funds

On August 24, Hainan Ruize announced that the company held the twenty-fourth meeting of the sixth board of directors on August 14, 2026, deliberated and approved the relevant bill on the sale of real estate, and on August 24, the two sides formally signed the Contract for the Sale of Housing and Land Use Rights. To sell the real estate located on the east side of Haiyu Middle Line (Datong Fourteenth Slope) in Tuncheng Town, Tunchang County, Hainan Province, with the real property right certificate of Qiong [2026] Tunchang County Real Property Right No.0000274 to Hainan Furun Wood Industry Co., Ltd. at a total price of RMB 10 million yuan (including value-added tax), which does not constitute a related transaction. It does not constitute a major asset reorganization stipulated in the Measures for the Management of Major Asset Reorganization of Listed Companies, and the relevant matters are within the authority of the board of directors of the company and need not be submitted to the shareholders'meeting of the company for consideration. After deducting relevant taxes and fees, all the proceeds from

the sale of assets will be used to repay loans, which is conducive to optimizing the structure of assets and liabilities of the company and alleviating the pressure of operating cash flow. After preliminary estimation, the net profit attributable to the shareholders of the listed company is expected to increase by about 423,000 yuan after the completion of the transaction.