600818: Zhonglu.Co.Ltd(600818) controlling shareholder’s share reduction announcement by judicial execution of centralized bidding

Securities code: 600818 securities abbreviation: Zhonglu.Co.Ltd(600818) Announcement No.: 2022-006 Zhonglu.Co.Ltd(600818)

Announcement of controlling shareholders’ reduction of shares through centralized bidding by judicial execution

The board of directors, all directors and relevant shareholders 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.

Important content tips:

Basic information of controlling shareholders’ shareholding: as of the date of disclosure of this announcement, Zhonglu.Co.Ltd(600818) (hereinafter referred to as the company or the company) controlling shareholder Shanghai Zhonglu (Group) Co., Ltd. (hereinafter referred to as Zhonglu group) holds 98084334 shares of the company’s shares, accounting for 30.51% of the total share capital of the company.

Implementation of the centralized bidding reduction plan: the company received the notice on the implementation of judicial assistance transmitted by the controlling shareholder Zhonglu group on February 8, 2022, Orient Securities Company Limited(600958) Shanghai Pudong New Area Yaohua Road Securities Business Department (hereinafter referred to as Orient Securities Company Limited(600958) ) sold 3650000 shares of the company held by the executee Zhonglu group in accordance with the execution ruling [(2021) lu04zhi No. 172-5] issued by Zaozhuang intermediate people’s Court of Shandong Province to pay off the debts, From January 26, 2022 to February 7, 2022, the company judicially reduced a total of 3350000 shares by means of centralized bidding transaction, accounting for 1.04% of the total share capital of the company.

1、 Basic information of the subject of centralized bidding reduction before reduction

Number of shares held

Shareholder name shareholder identity shareholding proportion current shareholding source (share)

More than 5% of Shanghai Middle Road (Group) is not obtained through the transfer of No. 101434334 31.56% agreement:

101434334 shares as a major shareholder of the company

The above reduction subjects have no concerted action.

2、 Implementation progress of centralized bidding reduction plan

(I) major shareholders and directors, supervisors and senior executives disclose the implementation progress of the centralized bidding reduction plan for the following reasons:

The controlling shareholders, actual controllers and persons acting in concert of the company have reduced their holdings to 1% of the total shares of the company

When current

Reduction of total shareholding before reduction price

Quantity reduction grid interval shareholder name reduction method amount during reduction period

(share ratio) (yuan / share) (yuan) (share)

)Share ratio)

example

Shanghai Middle Road (3350 1.04% 2022 / 1 / 2 centralized bidding 9.55 – 32832, 98,08 30. Group) Co., Ltd., 000 6 ~ 10.16 571.72 4334 51% 2022 / 2 / 7

(II) whether the reduction is consistent with the plans and commitments previously disclosed by major shareholders or directors, supervisors and senior executives

□ yes √ no

No reduction plan

(III) whether the listed company has disclosed major issues such as high transfer or planning merger and reorganization within the reduction time period

□ yes √ no

(IV) the reduction has no impact on the company’s operation

3、 Risk tips related to centralized bidding reduction plan

(I) as of the date of disclosure of this announcement, the cumulative number of Pledged Shares in the general securities account of Zhonglu group was 84,

010734 shares, accounting for 85.65% of the total shares held by Zhonglu group and 26.14% of the total share capital of the company; in

The total number of frozen shares in the general securities account of Lu Group is 618436215, accounting for its total holdings

630.51%, accounting for 192.39% of the total share capital of the company.

(II) whether the implementation of the share reduction plan will lead to the risk of change in the control of the listed company □ yes √ no (III) the company has reminded relevant shareholders to strictly abide by the provisions on share reduction by shareholders, directors, supervisors and senior executives of listed companies The detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of Listed Companies in Shanghai Stock Exchange and other relevant laws and regulations shall carry out pre disclosure of share reduction and share reduction, and timely perform relevant information disclosure obligations.

It is hereby announced.

Zhonglu.Co.Ltd(600818) board of directors February 9, 2022

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