Jiangxi Selon Industrial Co.Ltd(002748) : Announcement on the expiration of the implementation period of shareholders' share reduction plan

Securities code: 002748 securities abbreviation: Jiangxi Selon Industrial Co.Ltd(002748) Announcement No.: 2022-011 Jiangxi Selon Industrial Co.Ltd(002748)

Announcement on the expiration of the implementation period of shareholders' share reduction plan

The shareholder Leping Longqiang Investment Center (limited partnership) guarantees that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.

The information disclosure obligations of all members of the board of directors are consistent with those of all members of the board of directors. Jiangxi Selon Industrial Co.Ltd(002748) (hereinafter referred to as "the company" or "the company") disclosed the announcement on pre disclosure of share reduction by major shareholders (Announcement No.: 2021-083) on October 15, 2021, Leping Longqiang Investment Center (limited partnership) (hereinafter referred to as "Longqiang investment"), a shareholder holding more than 5% of the company, plans to reduce its holdings of no more than 4 million shares of the company (accounting for 1.67% of the total share capital of the company) in the form of centralized bidding transaction or block transaction within 90 days after the date of announcement.

On November 15, 2020, the company disclosed the announcement on the implementation progress of the share reduction plan of shareholders holding more than 5% (Announcement No.: 2021-107). Longqiang investment has reduced more than half of the shares of the company, and it has reduced 2399900 shares of the company, accounting for 60% of the total shares to be reduced and 1% of the total share capital of the company, On the same day, the company also disclosed the announcement on reducing the shareholding ratio of shareholders holding more than 5% to 1% (Announcement No.: 2021-108).

On February 3, 2022, the company received the notification letter on the expiration of the company's share reduction plan and the reduction of shares from the shareholder Longqiang investment. As of the date of this announcement, the implementation period of the share reduction plan of Longqiang investment has expired, with a total reduction of 2399900 shares of the company.

The implementation of the share reduction plan of Longqiang investment is hereby announced as follows:

1、 Shareholder reduction

1. Share reduction by shareholders

Name of shareholder reduction method average price of reduction during reduction proportion of reduction of shares (yuan / share) (share) (%)

Leping Longqiang centralized bidding delivery on November 5, 2021

Investment Center (Youyi) to 11.95 239.99 1.00

Limited partnership) November 11, 2021

All the shares reduced by Longqiang investment through centralized bidding trading come from the shares before the company's initial public offering, and the reduction price range is 11.01 yuan / share - 13.24 yuan / share.

2. Shareholding of shareholders before and after this reduction

Shares held before this reduction name of shareholders holding shares after this reduction proportion of share nature in total share capital to total share capital (10000 shares) (%) proportion of shares (10000 shares) (%)

Leping Longqiang holds shares 1529.99 6.375 1290.00 5.375 Investment Center (including: shares with unlimited sales conditions 1529.99 6.375 1290.00 5.375 limited partnership) and shares with limited sales conditions 0.00 0.00 0.00 0.00

2、 Other relevant instructions

1. The share reduction of Longqiang investment does not violate the securities law, the measures for the administration of the acquisition of listed companies, several provisions on the reduction of shares by shareholders and directors, supervisors and senior managers of listed companies and other laws and regulations, normative documents and the guidelines for the standardized operation of listed companies of Shenzhen stock exchange.

2. This reduction commitment is consistent with the intention and commitment previously disclosed by Longqiang investment.

3. Longqiang investment is not the controlling shareholder and actual controller of the company. The implementation of this reduction plan will not lead to the change of the company's control right and will not have an impact on the company's governance structure and sustainable operation.

3、 Documents for future reference

1. Notification letter on the expiration of the company's share reduction plan and the reduction of shares by Longqiang investment

It is hereby announced.

Jiangxi Selon Industrial Co.Ltd(002748) board of directors

February 7, 2002

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