Hainan Ruize announced on the evening of July 20 that the Qionghai City Court in Hainan Province had scheduled a public auction of all the company's shares held by shareholder Sanya Daxing Group Co., Ltd., totaling 15.0027 million shares, from 10:00 on July 21 to 10:00 on July 22 on the Taobao judicial auction online platform. Recently, the company learned through the Taobao judicial auction online platform that, due to the parties reaching an execution settlement, there is no need to auction the property, and this judicial auction has been withdrawn