Yantai Jereh Oilfield Services Group Co.Ltd(002353) : Announcement on the completion of change registration by selling the equity of subsidiaries

Securities code: 002353 securities abbreviation: Yantai Jereh Oilfield Services Group Co.Ltd(002353) Announcement No.: 2022-010 Yantai Jereh Oilfield Services Group Co.Ltd(002353)

Announcement on the completion of change registration by selling the equity of subsidiaries

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.

Yantai Jereh Oilfield Services Group Co.Ltd(002353) (hereinafter referred to as “the company” or ” Yantai Jereh Oilfield Services Group Co.Ltd(002353) “) held the 18th meeting of the 5th board of directors on January 11, 2022, deliberated and adopted the proposal on selling the equity of subsidiaries and related party transactions, and the board of directors agreed to transfer 100% of the equity of Jerry Huachuang Technology Co., Ltd. (hereinafter referred to as “Huachuang technology”) to orange cloud Internet Design Co., Ltd, The equity transfer price is 3.7 million yuan. See details disclosed by the company on cninfo.com( http://www.cn.info.com.cn. )Announcement No. 2022-001 and 2022-005.

Recently, Huachuang technology has completed the change registration of this equity transfer with Shenzhen market supervision and Administration Bureau. After the equity transfer, the company no longer holds the equity of Huachuang technology, and Huachuang technology is no longer included in the scope of the company’s consolidated statements.

It is hereby announced.

Yantai Jereh Oilfield Services Group Co.Ltd(002353) board of directors

February 8, 2022

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