600146: Shangying Global Co.Ltd(600146) announcement on passive reduction of shares by shareholders

Securities code: 600146 securities abbreviation: Shangying global Announcement No.: lin-2022-010 Shangying Global Co.Ltd(600146)

Announcement on passive reduction of shareholders' shares

The board of directors and all directors 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 note: Shangying Holding Group Co., Ltd. (hereinafter referred to as "Shangying holding") holds 20525675 shares of Shangying Global Co., Ltd. (hereinafter referred to as "the company"), which is the largest shareholder of the company, accounting for 4.37% of the total share capital of the company and the actual controller. Due to the breach of some stock pledge repo transactions of Shangying holding company, the pledgee Changjiang Securities Company Limited(000783) reduced 1200000 shares through bidding transactions in the secondary market on January 21, 2022, accounting for 0.25% of the total share capital of the company; On February 9, 2022, 3499700 shares of the company were reduced again through competitive trading in the secondary market, accounting for 0.75% of the total share capital of the company, and 4699700 shares were reduced in total, accounting for 1.00% of the total share capital of the company.

1、 Basic information of the reducing entity

Shareholder name shareholder identity shareholding number (shares) shareholding ratio

More than 5% shareholders of Shangying Holding Group Co., Ltd. 25225375 5.37%

The above reduction subjects have persons acting in concert.

Concerted action relationship forms the reason why the name of shareholders, the number of shares (shares) and the shareholding proportion

Shanghai xusen Century Investment Co., Ltd

4402700 0.94% of the same actual controller

Yang Jun 94000 0.02% actual controller

Total 4496700 0.96% -

2、 Implementation results of share reduction plan

(I) major shareholders and directors, supervisors and senior executives disclose the implementation results of the share reduction plan due to the following matters:

Other circumstances:

Reduction of holdings

Price holding current shareholder's reduction number during the reduction period, the total amount of reduction in the reduction range, and the way of weighing (shares) proportion of current holding names (yuan / amount (yuan) into quantity (shares) proportion shares)

condition

Business win level II

Holding from January 27, 2022 to February 15 of the market

Group 4699700 2022 / 2 / 9 1% centralized - 10610365 20525675 4.37% limited bidding 257%

company

(II) whether the actual reduction is consistent with the previously disclosed reduction plan and commitment □ yes √ no Shangying holding originally held 38413675 shares of the company. It is handling equity pledge repo transaction financing at Changjiang Securities Company Limited(000783) . Due to the failure to pay off the financing payment in full at maturity, it has been reduced by the pledgee Changjiang Securities Company Limited(000783) 4699700 shares on January 27, 2022 and February 9, 2022.

(III) when the reduction time interval expires, whether the reduction has not been implemented □ not implemented √ implemented

(IV) whether the actual reduction has not reached the minimum reduction quantity (proportion) of the reduction plan □ not reached √ reached

(V) whether to terminate the reduction plan in advance □ yes √ no

At present, Shangying holding is actively negotiating with the pledgee on the solution of the amount owed. The company will urge them to strictly abide by relevant regulations and timely perform the obligation of information disclosure. As the company is currently being investigated by the CSRC, according to the relevant reduction regulations, Changjiang Securities Company Limited(000783) cannot reduce its holdings.

It is hereby announced.

Shangying Global Co.Ltd(600146) February 10, 2022

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