600661: Shanghai Xinnanyang Only Education & Technology Co.Ltd(600661) announcement on obtaining government subsidies in 2021

Securities code: 600661 stock abbreviation: Shanghai Xinnanyang Only Education & Technology Co.Ltd(600661) No.: pro 2022-010 Shanghai Xinnanyang Only Education & Technology Co.Ltd(600661)

Announcement on obtaining government subsidies in 2021

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

1、 Basic information of obtaining government subsidies

From January to December 2021, the wholly-owned and holding subsidiaries of the company received a total government subsidy of 24875142.29 yuan. The details are as follows:

Monetary unit: Yuan

Content name of subsidy project amount incurred from January to December 2021 basis for obtaining subsidy type

The financial support fund 16923500.00 is related to the income of the Financial Bureau

The special fund for enterprise development 2431100.00 is related to the income of the Finance Bureau and the Social Security Bureau

The training subsidy 3571277.69 is related to the income of the Finance Bureau and the Social Security Bureau

Unemployment stabilization subsidy 1211334.44 the social security bureau is related to income

Individual income tax return 393291.26 – related to income

Other 344638.90 – revenue related

Total 24875142.29 —

2、 Types of subsidies and their impact on Listed Companies

The total amount of government subsidies actually received by the wholly-owned and holding subsidiaries of the company from January to December 2021 was 24875142.29 yuan. According to the accounting standards for Business Enterprises No. 16 – government subsidies and other relevant provisions, all government subsidies received were included in the accounting items related to income, which accounted for 10.01% of the company’s audited net profit attributable to shareholders of Listed Companies in 2020, The specific accounting treatment and the impact on the company’s profit in 2021 shall be subject to the results confirmed by the accountant after the annual audit of the company. Please pay attention to the investment risk.

The above matters are hereby announced.

Shanghai Xinnanyang Only Education & Technology Co.Ltd(600661)

Board of directors January 28, 2022

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