Gospell Digital Technology Co.Ltd(002848) : Announcement on the progress of labeling contract in the project

Securities code: 002848 securities abbreviation: Gospell Digital Technology Co.Ltd(002848) Announcement No.: 2022-007 Gospell Digital Technology Co.Ltd(002848)

Announcement on the progress of contract signing in the project

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.

Gospell Digital Technology Co.Ltd(002848) (hereinafter referred to as “the company”) disclosed on January 6, 2022 that it had received the letter of acceptance issued by China Technology International Tendering Co., Ltd. and determined that the company was the bid winner of “Sub Project 1 of terrestrial digital TV 700 MHz frequency migration project: terrestrial digital TV transmitter, multiplexer goods and services” of China Radio, film and television design and Research Institute, For details, see the announcement on receiving the letter of acceptance (Announcement No.: 2022-001).

Recently, the company received the procurement contract for terrestrial digital TV 700 MHz frequency migration project subproject 1: terrestrial digital TV transmitter, multiplexer goods and services (hereinafter referred to as the “procurement contract”) signed with China Radio, film and television design and Research Institute. The specific contents of the contract are as follows:

1、 Contract subject

Full name of the buyer (Party A): China Radio, film and television design and Research Institute

Full name of the seller (Party B): Gospell Digital Technology Co.Ltd(002848)

2、 Main contents and terms of the contract

1. Project Name: terrestrial digital TV 700 MHz frequency migration project – sub project 1: terrestrial digital TV transmitter, multiplexer goods and services;

2. Project content and scale: 1580 transmitters, including 1544 transmitter updates, 35 domestic transmitters, 1 imported transmitter, 439 multiplexers and 873 stations;

3. Source of main production technology (or design scheme) of the project: designed by Party A;

4. Delivery time: the number of stations installed, debugged and preliminarily inspected on site will reach 70% before May 15, 2022, and all stations will be installed, debugged and preliminarily inspected on site before August 15, 2022;

5. Total contract price: eighty six million nine hundred and eighty-three thousand three hundred yuan only (¥ 86983300.00), applicable tax rate 13%, tax is RMB (in words) ten million six thousand nine hundred and twenty-eight yuan and thirty-two cents only (¥ 10006928.32);

6. Payment of contract price: the buyer shall pay the contract price to the seller in the form and proportion in the table below:

Payment terms payment amount payment proportion of information provided by the seller (yuan) (including but not limited to)

1. Personal accident insurance certificate for construction personnel required by the contract

2. Equivalent advance payment guarantee certificate

After the contract comes into effect, the buyer receives the application form for payment before the corresponding project price of China Radio and television 3, performance guarantee certificate and Network Group Co., Ltd

Next, the buyer receives the official VAT invoice issued by the seller

With VAT invoice (tax rate: 13%), submitted by 5 Other supporting materials: payment note confirmed by the audit unit (if any) or the supervision unit: it shall be paid within 20 working days after the application form for advance payment guarantee, and the contract shall be signed as an insurance guarantee (35% of the same price of national advance payment shall be given to the seller as the contract advance payment, and 35% of 30444155.00 joint-stock insurance company. The Seller shall provide equivalent advance payment guarantee and equivalent) or bank guarantee (a performance guarantee of 10% of the contract price signed by the state. After the advance payment is paid by a policy bank or the state buyer, if the seller fails to perform the obligations of commercial bank or shares under the contract, the buyer has the right to recover the advance payment; if the seller makes a branch of commercial bank and performs the contract in accordance with the contract In case of the same obligation, the advance payment shall be set off against the above bank) to perform the same price. The contract guarantee is required to be a bank guarantee (branches and above of national policy banks or state-owned commercial banks or joint-stock commercial banks) (row)

1. The delivery list issued by the Seller shall be in one original after the buyer receives China Radio and television network group

On the premise of the corresponding project price of limited company, the Seller shall meet the quality and progress requirements according to the receiving contract signed by the buyer, and the equipment safety list shall be in one original

After the completion of installation and commissioning, the number of stations passing the preliminary inspection reaches 70% of the number of stations with progress payment issued by the manufacturer, and the original special VAT invoice (tax rate: 13%) of the official 15% factory quality certificate issued by the seller;

4. Payment application form confirmed by the audit unit (if any) or the supervision unit

Within 20 working days after the payment application form, 15% of the contract price of signing 5 and station preliminary acceptance certificate shall be paid to the seller as progress payment.

piece

6. VAT invoice

7. Other supporting materials

1. The delivery list issued by the Seller shall be in one original after the buyer receives China Radio and television network group

On the premise of the corresponding project price of the Company Limited, according to the contract 2 and the receiving agreement signed by the buyer, meet the quality and progress requirements, and one original of the equipment installation and commissioning list

After the test is completed, all stations pass the preliminary inspection (including deployment 3, quantity issued by the manufacturer and increased quantity), and the buyer receives the formal equivalent special VAT invoice (tax rate: one copy) issued by the seller with the original of 10% 8698330.00 factory quality certificate;

13%), submit the audited unit (if any) or supervisor 4. Payment application form

Within 20 working days after the payment application form confirmed by the processing unit. 5. Pay 10% of the signed contract price to the seller as incoming parts within days of the preliminary inspection certificate of the station

Payment. 6. VAT invoice

7. Other supporting materials

After the buyer receives China Radio and television network group, there are 1. Payment application form

On the premise of the corresponding project price of the company, the Seller shall invoice according to 2. VAT

The contract stipulates that the quality and progress requirements shall be met, the equipment safety 3, the installation and commissioning of the third-party testing organization shall be completed, and the quantity passing the final inspection of the station shall meet the inspection report issued

70% of the number of stations, 15% of the official equivalent of 13047495.00 issued by the seller 4. Special VAT invoice issued by relevant departments (tax rate: 13%), and submit acceptance certificates

5. The signed documents shall be paid within 20 working days after the final verification of the written payment application form by the station confirmed by the audit unit (if any) or the supervision unit

15% of the contract price shall be paid to the seller as progress payment and 6. VAT invoice

Release the seller’s advance payment guarantee. 7. Other supporting materials

After the buyer receives China Radio and television network group, there are 1. Payment application form

On the premise of the corresponding project price of the company, the Seller shall invoice according to 2. VAT

The contract agreement meets the quality and progress requirements, and the equipment safety 3. The final inspection (final inspection of the bid package) issued by the third-party testing organization is qualified

Completion settlement (including allocated quantity and increased quantity), 20% issued by the seller 4. Formal equivalent special VAT invoice (tax rate: 13%) issued by relevant departments, and acceptance report documents

It shall be submitted to the audit unit (if any) or the supervision unit for confirmation

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