Xiamen Hongxin Electronics Technology Group Inc(300657) : Xiamen Hongxin Electronics Technology Group Inc(300657) reply to the examination and inquiry letter on Xiamen Hongxin Electronics Technology Group Inc(300657) applying for issuing shares to purchase assets and raising supporting funds of Shenzhen Stock Exchange

Xiamen Hongxin Electronics Technology Group Inc(300657)

About Shenzhen Stock Exchange

Reply to the inquiry letter on the examination of Xiamen Hongxin Electronics Technology Group Inc(300657) application for issuing shares to purchase assets and raise supporting funds Shenzhen Stock Exchange listing examination center:

We have received your inquiry letter on Xiamen Hongxin Electronics Technology Group Inc(300657) application for issuing shares to purchase assets and raise supporting funds (audit letter [2022] No. 030002, hereinafter referred to as the “inquiry letter”) issued on January 20, 2022, Xiamen Hongxin Electronics Technology Group Inc(300657) (hereinafter referred to as “listed company”, “300657}” or “company”) has carefully analyzed and verified relevant issues together with relevant intermediaries, and made replies and supplementary disclosures on Relevant Matters (hereinafter referred to as “this reply”), which is hereby submitted to your office for review.

In this reply, unless the context specifies, the relevant abbreviations have the same meaning as the words or abbreviations defined in the report on Xiamen Hongxin Electronics Technology Group Inc(300657) issuing shares and paying cash to purchase assets and raising matching funds and connected transactions (Draft) (three revisions) (hereinafter referred to as the “restructuring report”). In this reply, if there is any difference in the mantissa between the sum of partial total and the direct addition of each addition, it is caused by rounding.

The font of this reply and restructuring report represents the following meanings:

The questions listed in the inquiry letter are in bold

Reply to the questions listed in the inquiry letter

Supplementary disclosure or modification of the restructuring report in italics and bold

Question one

1. According to the application documents, Suzhou Huayang Electronics Co., Ltd. (hereinafter referred to as the subject asset or Huayang Electronics) is mainly engaged in the R & D, design, manufacturing and sales of flexible printed circuit boards, belonging to the “printed circuit board manufacturing” industry in the “high pollution and high environmental risk” product list (2017 Edition) (hereinafter referred to as the “high pollution list”), The main products belong to item 876 “circuit board” in the list of high pollution. The main pollutants of Huayang electronics are wastewater, solid waste, waste gas and noise; During the reporting period, the total amount of environmental protection expenditure of Huayang Electronics was 4.8093 million yuan, 5.3667 million yuan and 2.6584 million yuan respectively. Huayang electronics has completed environmental protection acceptance procedures for production projects

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