Runhua Living Service Group Holdings Ltd. has announced adjustments to the use of proceeds from its global offering and an extension of the expected timetable for their deployment. The company plans to reallocate unutilized net proceeds to optimize financial resources and improve profitability. Key elements of the updated strategy include intensifying market development and expanding business operations across various regions in China, such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Pearl River Delta, and western regions. The company also intends to enhance its talent recruitment efforts, targeting professionals with diverse backgrounds to support business development and exploration of new opportunities. Additionally, Runhua Living Service Group will explore investment and cooperation opportunities in robotics and low-altitude aircraft for property management services in public transportation properties. The board will continue to assess and, if necessary, revise its plans to adapt to changing market conditions.

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