Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) : Announcement on more than half of the shareholders’ share reduction plan

Securities code: 002878 securities abbreviation: Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) Announcement No.: 2022-007

Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878)

Announcement on the progress of reducing the number of controlling shareholders by more than half

The controlling shareholder Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) (Beijing) Investment Co., Ltd. guarantees that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.

The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor.

1、 Shareholder reduction

1. Share reduction by shareholders

Number of shares reduced

Name of shareholder reduction method transaction price during the reduction period the number of shares reduced accounts for the total of the company

(yuan) (10000 shares) share capital ratio

Cases (%)

January 4, 2022 17.73 108.0000 0.49

January 11, 2022 19.56 39.3000 0.18

January 26, 2022 17.45 246.1800 1.11

(Beijing) block trading

Limited investment January 27, 2022 17.28 37.5400 0.17

company

February 8, 2022 18.30 10.9387 0.05

Total – 441.9587 2.00

2. Shareholding of shareholders before and after the reduction

Shares held before this reduction and shares held after this reduction

Nature of shares proportion of shares (shares) in total share capital proportion of shares (shares) in total share capital

(%) (%)

Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) (Beijing) investment

Co., Ltd. and its correspondent bank 140415500 63.42 135995913 61.42

Total shares held by the company

Including: 116168375 52.47 111748788 50.47

Shares with unlimited sales conditions

Shares with limited sales conditions 24247125 10.95 24247125 10.95

2、 Other relevant instructions

1. This reduction complies with the securities law of the people’s Republic of China, the measures for the administration of the acquisition of listed companies, several provisions on the reduction of shares held by shareholders and directors, supervisors and senior managers of listed companies (CSRC announcement [2017] No. 9), the stock listing rules of Shenzhen Stock exchange, and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board Provisions on the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies, detailed rules for the implementation of the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange and other relevant laws, regulations and normative documents.

2. The share reduction plan has been pre disclosed, and the share reduction is consistent with the previously disclosed commitment and share reduction plan.

3. The implementation of this share reduction plan will not lead to the change of the company’s control, and will not have a significant impact on the company’s governance structure, equity structure and future sustainable production and operation.

4. As of the date of this announcement, the implementation of the pre disclosed share reduction plan has not been completed. The company will continue to pay attention to the progress of the shareholders’ share reduction plan and timely fulfill the obligation of information disclosure in accordance with relevant regulations.

3、 Documents for future reference

Notification of progress of share reduction plan issued by Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) (Beijing) Investment Co., Ltd

Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) board of directors February 9, 2022

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