Ruijie Network announced that the company plans to issue convertible bonds that can be converted into the company's A-shares to unspecified targets, raising no more than RMB 2.6 billion to raise capital for high-speed Internet systems, high-speed network switching units and overall solutions, and key technologies for next-generation computing network integration; related matters have been reviewed and approved by the 16th meeting of the 4th board of directors, and still need to be approved by the competent state-owned assets supervisory authority, reviewed and approved by the Shenzhen Stock Exchange, and registered with the China Securities Regulatory Commission.

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