According to the Zhongtong Financial APP, Ribo Fashion Group (603196.SH) announced that the closing price of the company's stocks deviated by a cumulative 20% over three consecutive trading days (i.e. November 5, November 6, November 7, 2024), which constitutes abnormal stock trading volatility.

The company is planning a major asset restructuring and disclosed the "Announcement of Ribo Fashion Group Co., Ltd.'s Issuance of Shares, Payment of Cash to Purchase Assets, and Fundraising with Related Transactions and Summary" on November 1, 2024. As of the disclosure date of this announcement, the audit, evaluation, and other related work of the target assets involved in this restructuring have not been completed, the matter is still at the pre-disclosure stage, and this transaction still needs to go through multiple approval procedures. There is significant uncertainty about whether the transaction scheme can obtain relevant approvals, as well as the time to obtain such approvals. There is a high degree of uncertainty regarding the successful implementation of this transaction.

After the completion of this transaction, Indiepli will become a controlling subsidiary of the listed company. The main business of the listed company will extend to the research, production, and sales of lithium-ion battery binders, with a significant increase in business scale and personnel. The effective integration of the target company remains uncertain, and there are acquisition integration risks in this transaction.

The main business of the target company is the research, production, and sales of lithium-ion battery binders. Changes in demand from downstream lithium-ion battery industry customers may have a significant impact on the operation of the target company.