600340: China Fortune Land Development Co.Ltd(600340) suggestive announcement on changes in controlling shareholders’ equity

Securities abbreviation: China Fortune Land Development Co.Ltd(600340) securities code: 600340 No.: pro 2022-008

China Fortune Land Development Co.Ltd(600340)

Suggestive announcement on changes in controlling shareholders’ equity

The board of directors and all directors of the company guarantee that there are no false records and misleading statements in the contents of this announcement

Or major omission, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

China Fortune Land Development Co.Ltd(600340) (hereinafter referred to as “the company”) controlling shareholder China Fortune Land Development Co.Ltd(600340) Jiye control

Due to the stock pledge repo transaction and financing carried out by Huaxia Holding Co., Ltd. (hereinafter referred to as “Huaxia holding”)

Financial institutions in the margin trading business (hereinafter referred to as “relevant financial institutions”) shall enter China in accordance with relevant agreements

The company’s shares held by Huaxia holdings were subject to compulsory disposal procedures, resulting in the shareholding ratio of Huaxia holdings since 2021

From November 30 to February 10, 2022, the cumulative passive decline reached 1.11% of the company’s current total share capital,

The aforesaid changes do not touch the tender offer.

After this equity change, the total proportion of shares held by Huaxia holdings and its persons acting in concert will increase from

23.56% to 22.45%;

This equity change will not lead to changes in the controlling shareholders and actual controllers of the company.

The company received the notice from the controlling shareholder Huaxia holdings on February 10, 2022, and the relevant financial institutions

From November 30, 2014 to February 10, 2022, 43519940 shares of the company held by Huaxia holdings were forcibly disposed of

Shares, accounting for 1.11% of the company’s current total share capital of 3913720342 shares. The relevant changes in equity are now reported

The announcement is as follows:

1、 Changes in equity this time

(I) changes in Huaxia’s controlling interests

Name China Fortune Land Development Co.Ltd(600340) Jiye Holding Co., Ltd

Address of information disclosure obligation: the third floor on the north side of human basic information (the north side of science and technology Avenue and the west side of guisan Road), building 44, satellite navigation Industrial Park, emerging industry demonstration zone, Gu’an County, Langfang City, Hebei Province

Changes in equity from November 30, 2021 to February 10, 2022

Details of equity change change change method change date share type change share number change proportion (share) (%)

Financial institutions are forced to dispose by centralized bidding from November 30, 2021 to non tradable shares -19128000 -0.49 on January 18, 2022

Financial institutions are forced to dispose by block trading of tradable shares -24391940 -0.62 on February 10, 2022

Note: “-” in the above table indicates the decrease of shares.

(I) this change in equity is due to the change in equity of relevant financial institutions from November 30, 2021 to February 2022

On the 10th, 43519940 shares of the company held by Huaxia holdings were disposed of by means of centralized bidding trading and block trading.

(II) all the shares involved in this equity change enjoy voting rights, and there is no restriction or restricted transfer of voting rights, such as delegation or restriction of voting rights.

(III) this change does not violate the securities law, the measures for the administration of the acquisition of listed companies and other laws and regulations, the business rules of Shanghai Stock Exchange and other relevant provisions and commitments. 2、 Shares held by Huaxia holdings and its persons acting in concert before and after the equity change

Shares held before this change shares held after this change

Name of shareholder nature of shares in total share capital in total share capital

Quantity proportion quantity proportion

Huaxia Holdings 875664944 22.37% 832145004 21.26% Dingji Capital Management Co., Ltd. unlimited sales note 26676000 0.68% 26676000 0.68% Beijing Oriental UnionPay Investment Management Co., Ltd

1960.625% Company Limited

Total – 922002569 23.56% 878482629 22.45%

After this equity change, all the shares of the company held by the above parties enjoy voting rights, and there are no restrictions on the transfer of voting rights, such as delegation or restriction of voting rights. 3、 Other information

(I) this equity change complies with the securities law of the people’s Republic of China, the measures for the administration of the acquisition of listed companies, the stock listing rules of Shanghai Stock Exchange and other relevant provisions.

(II) this equity change will not lead to the change of the controlling shareholder and actual controller of the company, and will not involve the disclosure of equity change report, summary of acquisition report, summary of tender offer report and other follow-up work.

(III) this equity change is a passive reduction caused by the implementation of compulsory disposal procedures by relevant financial institutions. The subsequent implementation of compulsory disposal procedures by relevant financial institutions shall be in accordance with certain provisions on the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies and the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies on Shanghai Stock Exchange

The provisions of relevant laws and regulations such as the detailed rules for the implementation of shares and the announcement of the reduction plan disclosed by the company are implemented. The above-mentioned financial institutions continue to implement the compulsory disposal procedures, resulting in uncertainty in the specific number of shares passively reduced by Huaxia holdings, the reduction time and the reduction price. Please pay attention to the investment risks.

The company will continue to pay attention to the relevant situation of Huaxia holdings holding the company’s shares, and will remind the relevant information disclosure obligors to perform the information disclosure obligations in a timely manner in accordance with the provisions of relevant laws and regulations.

It is hereby announced.

China Fortune Land Development Co.Ltd(600340) board of directors February 11, 2022

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