Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) : Announcement on shareholders' reduction of shares

Securities code: 002496 securities abbreviation: St Huifeng Announcement No.: 2022-007 Jiangsu Huifeng Bio Agriculture Co.Ltd(002496)

Announcement on reduction of shares held by shareholders

The shareholder Zhong Yurong guarantees that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.

The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor. 1. Basic information

Information disclosure obligor Zhong Yurong

Address: Tulip Inn, No.1 Yingbin Avenue, Dafeng District, Yancheng City, Jiangsu Province

Changes in equity from February 8 to February 10, 2022

Stock abbreviation: St Huifeng Stock Code: 002496

Change type increase □ decrease □ concerted action person yes □ no □

(multiple choices are allowed)

Whether it is the largest shareholder or actual controller yes □ no □

2. Changes in equity this time

Type of shares number of shares reduced (10000 shares) reduction proportion (%)

A shares 1395 0.93%

The way of equity change is through the centralized trading of the stock exchange □

(multiple choices) block trading through stock exchange

Others □ (please specify)

3. Shares of listed companies owned by investors and persons acting in concert before and after the change

Shares held before this change nature of shares held after this change proportion of shares in total share capital proportion of shares in total share capital (10000 shares) (%) (10000 shares) (%)

Total shares held 53903.61 35.75 52508.61 34.83

Including: shares with unlimited sales conditions 17706.21 11.74 16311.21 10.82

Shares with limited sales conditions 36197.40 24.01 36197.40 24.01

4. Implementation of commitments, plans, etc

Whether this change is performed yes □ no □

If yes, please explain the specific conditions of the commitment, intention, plan and implementation progress. Report and plan

Does this change violate the securities law

Municipal company acquisition management office yes □ no □

If yes, please explain the specific situation, rectification plan and treatment measures of violations. Regulations, departmental rules, normative documents and the business rules of the exchange. 5. The shares with restricted voting rights shall be subject to Article 6 of the securities law

Provisions of Article 13, yes □ no □

If yes, please specify the proportion of corresponding shares in the share capital of the existing listed company. Explanation on the increase of shares held by shareholders with more than 6.30% of the shares (if applicable) whether the increase meets the requirements of the listed company

Exemption specified in the measures for the administration of acquisition □ no □

About the situation of the acquisition and the commitment of the shareholders and their concerted actors not to reduce the shares of the company within the legal period 7. Documents for future reference 1. Details of shareholding changes of China Securities Depository and Clearing Co., Ltd. □

2. Relevant written commitment documents □

3. Written opinions of lawyers □

4. Other documents required by SZSE □

In addition, Ms. Zhong Yurong plans to reduce her holding of no more than 15.05 million shares (no more than 1% of the total share capital of the company) through centralized bidding within 6 months after 15 trading days from the disclosure date of this announcement. It is hereby announced.

Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) board of directors February 11, 2002

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