Ribo Fashion responded to the restructuring review inquiry letter, and the transaction is still pending regulatory approval

Ribo Fashion Group Co., Ltd. plans to acquire 71% equity of Sichuan Yindile Material Technology Group Co., Ltd. through the issuance of shares and cash payment, and to raise supporting funds. Recently, the company and relevant intermediaries responded to the inquiry letter issued by the Shanghai Stock Exchange, answering the questions involved and revising, supplementing, and improving the reorganization report and other application documents, the specific content has been disclosed on the Shanghai Stock Exchange website. This transaction is subject to review by the Shanghai Stock Exchange and can only be implemented after obtaining approval for registration from the China Securities Regulatory Commission. The company will disclose progress in a timely manner as required and remind investors to pay attention to risks