RAYNEN: The company's stock trading will have a cumulative increase of 20% in the daily closing price over three consecutive trading days from October 15 to October 17, 2025

RAYNEN announced that the company's stock trading from October 15 to October 17, 2025, experienced a cumulative increase of 20% in daily closing prices over three consecutive trading days, and reached the daily limit on October 20, 2025. The company's shareholder, Pingtan Jierun Equity Investment Management Partnership, plans to reduce its holdings by no more than 2 million shares through centralized bidding from November 1, 2025, to January 31, 2026, accounting for 0.96% of the company's total share capital. In the first half of 2025, the company achieved operating revenue of 1.133 billion yuan, a year-on-year increase of 13.83%; the net profit attributable to shareholders of the listed company was 35.5872 million yuan, a year-on-year decrease of 31.43%; the net profit after deducting non-recurring gains and losses was 33.1367 million yuan, a year-on-year decrease of 31.67%. The turnover rate of the company's A-shares is 18.04%, with a price-to-earnings ratio of 221.3 times and a price-to-earnings ratio of 123.5 times, both higher than the industry average