Ruiyi Announces Completion of Capital Reduction Registration for Subsidiary Ruiyi Optoelectronics (Hong Kong) Limited

Disclosure Date: 1150721 Statement Date: 1150720 Statement Time: 202036 Company Code: 6176 Company Name: Ruiyi Subject: Announcement on behalf of subsidiary Ruiyi Optoelectronics (Hong Kong) Limited regarding completion of cash capital reduction registration Compliance Clause: Item 36 Event Date: 1150720

Details: 1. Regulatory approval date for capital reduction: NA 2. Date of completion of capital change registration: 115/07/20 3. Impact on financial statements (including differences in paid-in capital, outstanding shares, and impact on net asset value per share):

Paid-in Capital (USD) Outstanding Shares (Shares) Net Asset Value per Share (CNY) Before Reduction 190,500,000 190,500,000 10.86 After Reduction 133,350,000 133,350,000 15.52

Note: Net asset value per share is calculated based on the audited financial statements for Q1 of Year 115. 4. Planned share exchange program: Not applicable 5. Number of listed ordinary shares after capital reduction: Not applicable 6. Ratio of listed ordinary shares to total issued ordinary shares after reduction (listed shares / total issued shares): Not applicable 7. If the number of listed ordinary shares after reduction is less than 60 million shares and less than 25%, explanation of measures for low liquidity: Not applicable 8. Other matters to be disclosed: None