Hebei Sinopack Electronic Technology Co.Ltd(003031) : Hebei Sinopack Electronic Technology Co.Ltd(003031) explanation of the board of directors on the fluctuation of the company’s stock price before the suspension

Hebei Sinopack Electronic Technology Co.Ltd(003031) board of directors

Explanation on the fluctuation of the company’s stock price before the suspension

Hebei Sinopack Electronic Technology Co.Ltd(003031) (hereinafter referred to as “the company”) intends to purchase the assets and liabilities of gallium nitride communication base station RF chip business held by the 13th Research Institute of China Electronics Technology Corporation by issuing a shares, And all the equity of Hebei Bowei integrated circuit Co., Ltd. and Beijing Guolian Wanzhong Semiconductor Technology Co., Ltd. held by shareholders such as the 13th Research Institute of China Electronics Technology Corporation and raised supporting funds (hereinafter referred to as “this transaction”).

According to the requirements of relevant laws and regulations, the company conducted a self inspection on the fluctuation of the company’s stock price before the suspension of this transaction. The trading of the company’s shares has been suspended since the opening of the market on January 17, 2022. The cumulative rise and fall of the company’s stock price, Shenzhen Composite Index (Code: 399001. SZ) and Wande electronic components industry index (Code: 882519. WI) in the 20 trading days before the suspension of the company’s shares are as follows:

The 21st trading day before the suspension of the project and the last trading day before the suspension

(December 16, 2021) (January 14, 2022)

Stock closing price (yuan / share) 95.96 78.86 – 17.82%

Shenzhen Composite Index 15112.81 14150.57 – 6.37%

Wande electronic components industry index 9651.60 9149.73 – 5.20%

Excluding the impact of market factors, the rise and fall was – 11.45%

Excluding the influence of industry factors in the same industry sector, the increase and decrease was – 12.62%

Source: wind

According to the requirements of relevant laws and regulations, during the 20 trading days before the announcement of this trading information, the cumulative rise and fall of the company’s stock price was – 17.82%. Excluding the influence of market factors (Shenzhen Composite Index), the cumulative rise and fall of the company’s stock price in this range is – 11.45%, which does not meet the standard of 20%. Excluding the influence of the same industry sector factors (Wande electronic components industry index), the cumulative rise and fall of the company’s stock price in this range was – 12.62%, which did not meet the standard of 20%. After excluding the influence of market factors in the same period and sector factors in the same industry in the same period, the cumulative rise and fall of the company’s share price within 20 trading days before the suspension of this transaction did not exceed 20%, which did not constitute abnormal fluctuation.

It is hereby explained.

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Hebei Sinopack Electronic Technology Co.Ltd(003031) board of directors mm / DD / yyyy

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