688309: Niutech Environment Technology Corporation(688309) announcement on the expiration of the reduction plan of shareholders holding more than 5% shares and the results of the reduction

Securities code: 688309 securities abbreviation: Niutech Environment Technology Corporation(688309) Announcement No.: 2022-003 Niutech Environment Technology Corporation(688309)

Announcement on the expiration of the reduction plan of shareholders holding more than 5% shares and the results of the reduction

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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law. Important content tips:

Basic information of shareholders’ shareholding

Before the implementation of the reduction plan, the company’s shareholder Beijing rongxinyuanchuang Investment Management Co., Ltd. (hereinafter referred to as “rongxinyuanchuang”) and its concerted actors, Inner Mongolia Yuanchuang green energy energy conservation and environmental protection industry venture capital partnership (limited partnership) (hereinafter referred to as “Yuanchuang green energy”), Yantai Yuanchuang modern service industry venture capital partnership (limited partnership) (hereinafter referred to as “Yuanchuang modern”) Yantai Yuanchuang Technology Investment Center (limited partnership) (hereinafter referred to as “Yuanchuang technology”), Shandong Lingxin venture capital center (limited partnership) (hereinafter referred to as “Shandong Lingxin”) and Yunnan Rongyuan energy conservation and environmental protection industry venture capital fund partnership (limited partnership) (hereinafter referred to as “Yunnan Rongyuan”) hold 8127091 shares of Niutech Environment Technology Corporation(688309) (hereinafter referred to as “the company”), Accounting for 10.16% of the total share capital of the company. The above shares come from the shares held by the company before the initial public offering, and have been released from the restriction on sale and listed for circulation since July 14, 2021.

Implementation results of share reduction plan

On July 20, 2021, the company opened the website of Shanghai Stock Exchange (www.sse. Com. CN.) The announcement on the share reduction plan of Niutech Environment Technology Corporation(688309) shareholders (Announcement No.: 2021-017) is disclosed. The shareholders of the company, Rongxin Yuanchuang, Yuanchuang green energy, Yuanchuang modern, Yuanchuang technology, Shandong Lingxin and Yunnan Rongyuan, plan to reduce the total holdings of no more than 4800000 shares of the company through centralized bidding and block trading, that is, no more than 5.9992% of the total share capital of the company.

The shareholders of xinchuangyuan have been informed of the expiration of the action plan for share reduction and the result of share reduction issued by xinchuangyuan during the recent period, accounting for 47.2% of the total share reduction plan issued by xinchuangyuan and its shareholders.

1、 Basic information of the reducing entity before the reduction

Shareholder name shareholder identity shareholding number (shares) shareholding proportion current shareholding source

Rongxinyuanchuang less than 5% shareholders 0.97% obtained before IPO: 777620 shares

3.09% of shareholders below 5% of Yuanchuang green energy obtained before IPO: 2472821 shares

Less than 5% shareholders of Yuanchuang Hyundai obtained 1714152 shares before IPO: 2.14%

Less than 5% shareholders of Yuanchuang technology 1.28% obtained before IPO: 1020556 shares

Shandong Lingxin’s shareholders less than 5% obtained 951566 shares 1.19% before IPO: 951566 shares

Less than 5% shareholders of Yunnan Rongyuan 1.49% obtained 1190376 shares before IPO

There are persons acting in concert with the above reduction subjects:

Name of shareholders number of shares (shares) shareholding ratio concerted action relationship formation reasons

Group I Rongxin Yuanchuang 777620 0.97% Rongxin Yuanchuang is the controlling shareholder of Yuanchuang modern 1714152, which is the fund manager of Yuanchuang green energy, Yuanchuang xianyuanchuang green energy 2472821 3.09% generation and Yuanchuang technology, It is an indirect shareholder of Shandong Lingxin fund management Yuanchuang technology 1020556 with 1.28% managers. The above 1.19% shareholders of Wushan donglingxin 951566 are collectively referred to as “Yuanchuang investment”, Yunnan Rongyuan 1190376 1.49% Mr. Feng Zhuangzhi is the actual controller of Yuanchuang investment and serves as the general manager of Yunnan Rongyuan fund manager, The six constitute the relationship of persons acting in concert.

Total 8127091 10.16% –

2、 Implementation results of the reduction plan (I) shareholders disclose the implementation results of the reduction plan due to the following matters: the disclosed reduction time interval expires

Shareholder name number of holdings reduction proportion of holdings reduction during the period of holdings reduction method of holdings reduction price range total amount of holdings reduction completion status of holdings reduction current holdings current holdings (shares) (yuan / share) (yuan) status number (shares) proportion

Rongxin Yuanchuang 487615 0.61% 2021 / 8 / 11 ~ centralized bidding 20.43-25.40 11596868.55 has completed 290005 0.36% 2021 / 12 / 16 transaction

Yuanchuang lvneng 780000 0.97% 2021 / 12 / 6 ~ block trading 19.98-20.60 15761700.00 unfinished: 1692821 2.12% 2021 / 12 / 16 680500 shares

Yuanchuang Hyundai 557152 0.70% 2021 / 8 / 11 ~ centralized bidding 20.41-21.22 11595895.79 not completed: 1157000 1.45% 2021 / 12 / 16 trading 455248 shares

Yuanchuang Technology 0 0% 2021 / 7 / 26 ~ centralized bidding 0-0 0 not completed: 1020556 1.28% 2022 / 2 / 10 trading 602800 shares

Shandong Lingxin 0 0% 2021 / 7 / 26 ~ centralized bidding 0-0 0 not completed: 951566 1.19% 2022 / 2 / 10 trading 562000 shares

Yunnan Rongyuan 0 0% 2021 / 7 / 26 ~ centralized bidding 0-0 0 0 not completed: 1190376 1.49% 2022 / 2 / 10 trading 703000 shares

(II) whether the actual reduction is consistent with the previously disclosed reduction plan and commitment √ yes □ no (III) whether the reduction time interval expires and 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 the reduction plan is terminated in advance □ yes √ no

It is hereby announced.

Niutech Environment Technology Corporation(688309) board of directors February 11, 2022

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