Guorui Technology (Rights Protection) announced that on May 17, 2024, the company received the "Administrative Penalty Decision" from the China Securities Regulatory Commission. By participating in the false self-circulation business of private network communications, the company inflated operating income and inflated operating income in the 2020 annual report. Costs, inflated total profits, and inflated income accounted for 39% of the disclosed operating income in the yearvideopokerhouseedge.61%, and the total inflated profits accounted for 49.68% of the total disclosed profits for the year. The China Securities Regulatory Commission ordered Guorui Technology to make corrections, issued a warning, and imposed a fine of 2 million yuan; and issued a warning and imposed a fine on relevant responsible personnel. The company's shares were suspended for one day from the market opening on May 20, and resumed from the market opening on May 21. The company's shares were subject to the implementation of itsvideopokerhouseedgeHe warned of risks and changed the stock abbreviation from "Guorui Technology" to "ST Ruike".

The company announced on the same day that the company's controlling shareholder, Zhejiang Second Light Industry, plans to increase its shares in the company through centralized bidding transactions within six months from May 21, 2024. The cumulative amount of shares to be increased will not be less than 30 million yuan (including capital) and will not exceed 50 million yuan (excluding capital), the cumulative increase proportion will not exceed 2% of the total share capital (5.88469 million shares), and the increase price will not exceed 10 yuan/share.