Merrill: Announcement on the progress of passive reduction of some shares held by controlling shareholders

Maiquer Group Co.Ltd(002719)

Securities code: 002719 securities abbreviation: maixier announcement Code: 2022-004 Maiquer Group Co.Ltd(002719)

Some shares held by controlling shareholders are enforced

Announcement leading to the progress of passive reduction

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

Maiquer Group Co.Ltd(002719) (hereinafter referred to as the "company") disclosed on December 20, 2021 that the controlling shareholder of the company, Xinjiang maixier Group Co., Ltd. (hereinafter referred to as the "maixier group"), received the execution ruling from Chengdu Intermediate People's Court of Sichuan Province, which will enforce the 9080537 shares of the company held by maixier group, accounting for 5.21% of the total shares of the company. Among them, 3114357 shares have been auctioned on January 26, and the transfer of ownership has not been completed.

On January 28, 2022, the company asked China Securities Depository and Clearing Co., Ltd. and China Securities Co.Ltd(601066) by telephone about the implementation progress, and learned that the 5966180 shares (about 3.43% of the total share capital of the company) held by maixier group were enforced by the court in the form of centralized bidding from January 12 to February 7, 2022, with a total reduction of 1240004 shares, The total transaction amount was 11996461.65 yuan.

As of this announcement, Macquarie Group has accumulated 1240004 shares subject to judicial enforcement (accounting for about 0.71% of the total share capital of the company). The details are hereby announced as follows:

1、 Implementation:

1. Source of executed shares: IPO and non-public offering (including the part of capital reserve converted into share capital) 2. Implementation of this time

As of the date of this announcement, the situation before and after the share reduction:

Shares held by shareholders before this reduction name of shares held after this reduction nature of shares proportion of shares in total share capital proportion of shares in total share capital (%)

Xinjiang maiqu holds 63920737 36.71 62680733 35.99 shares in total

Maiquer Group Co.Ltd(002719)

Limited liability company, including:

Company unlimited sales conditions 62320737 35.79 61080733 35.07

shares

Limited sales conditions 1600000 0.92 1600000 0.92

shares

2、 Risk description and related tips

1. The company is different from interests group and its related parties and remains independent in terms of assets, business and finance. Therefore, the compulsory execution of the company's shares held by interests group will not have a significant impact on the company's production and operation at present. As of the disclosure date of this announcement, the company's production and operation are normal.

2. As of the disclosure date of this announcement, the total number of shares held by Macquarie Group is 62680733, accounting for 35.99% of the total shares of the company; The subject matter involved in the court's execution of the ruling is that the number of shares of the company held by Macquarie Group is 9080537, accounting for 5.21% of the total shares of the company; This judicial enforcement will not lead to changes in the company's control and will not have an impact on the company's governance structure and sustainable operation. 3. This reduction is a passive reduction due to judicial enforcement. This passive reduction cannot be implemented in accordance with the detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of Listed Companies in Shenzhen Stock Exchange, and there is a risk of passive reduction in the window periods such as the company's regular report and regular report notice.

4. At present, the above shares held by maixier group have entered the compulsory implementation stage. According to the subsequent implementation, the company will perform the corresponding information disclosure obligations according to the final results.

5. The information disclosure media designated by the company are securities times, Shanghai Securities News and cninfo( http://www.cn.info.com.cn. ), all information of the company shall be subject to the information published in the above designated media. Investors are invited to invest rationally and pay attention to risks.

It is hereby announced!

Maiquer Group Co.Ltd(002719) February 8, 2022

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