Shenzhen Ruihe Construction Decoration Co.Ltd(002620) : briefing on major operations of decoration business in the fourth quarter of 2021

Securities abbreviation: Shenzhen Ruihe Construction Decoration Co.Ltd(002620) securities code: 002620 Announcement No.: 2022-013 Shenzhen Ruihe Construction Decoration Co.Ltd(002620)

Briefing on main business of decoration business in the fourth quarter of 2021

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.

According to the stock listing rules of Shenzhen Stock Exchange, self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 3 – industry information disclosure and other relevant provisions, Shenzhen Ruihe Construction Decoration Co.Ltd(002620) (hereinafter referred to as the “company”) hereby announces the main business conditions of decoration business in the fourth quarter of 2021 as follows: I. summary of orders classified by business type

Unit: 10000 yuan

Accumulated as of December 31, 2021

The fourth quarter of 2021 has been included in the contract amount signed but not completed in the fourth quarter of 2021

Note: the amount of newly signed orders is the amount of orders not signed (excluding completed parts)

public

56,931.54 157,674.30 6,160.30

House decoration

33,611.10 180,985.15 7,899.69

Decoration others

387.25 0.00 0.00

Decoration design

3,401.19 25,189.01 168.25

business

Total 94331.08 363848.46 14228.24

Note: according to the latest Shenzhen Stock Exchange Stock Listing Rules, Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 3 – industry information disclosure and other relevant provisions, the listed company shall disclose the company’s “cumulative contract amount signed but not completed (excluding the completed part) by the end of the reporting period in the previous quarter”, It is distinguished from the “cumulative contract amount signed but not completed (including the completed part) by the end of the reporting period in the previous quarter” in the main business briefing of the decoration business previously disclosed by the company. Please pay attention to the distinction between investors and pay attention to investment risks.

2、 Other situations to be explained

1. The amount of newly signed orders in the fourth quarter of 2021 was 943.3108 million yuan, an increase of 41.00% month on month compared with the amount of newly signed orders in the third quarter of 2021.

2. The Pingtan industrial base project of Hong Kong Zhongnuo group has a contract amount of about 400 million yuan and a construction period of 927 days. Part of the revenue of the project has been recognized, part of the payment has been received and has not been settled. Up to now, Party A has not paid the progress payment as agreed in the contract, and the project is currently in the state of shutdown. The company has submitted an arbitration award to Fuzhou Arbitration Commission in accordance with the contract. At present, the case is still in the trial stage, and the specific impact on the company shall be subject to the actual implementation of the award made by Fuzhou Arbitration Commission.

It is hereby announced.

Note: the above data is only phased data and has not been audited. It is only for the reference of investors and pay attention to investment risks.

Shenzhen Ruihe Construction Decoration Co.Ltd(002620) board of directors

January 26, 2002

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