Shenzhen Aoto Electronics Co.Ltd(002587) : Announcement on the cancellation of pledge of some shares of shareholders

Securities code: 002587 securities abbreviation: Shenzhen Aoto Electronics Co.Ltd(002587) Announcement No.: 2022-015

Shenzhen Aoto Electronics Co.Ltd(002587)

Announcement on the cancellation of pledge of some shares of shareholders

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records

Contains, misleading statements or material omissions.

Shenzhen Aoto Electronics Co.Ltd(002587) (hereinafter referred to as "the company") recently received a letter from the shareholder Wu hanquxian

Sheng wrote to inform that some shares of the company held by Mr. Wu Hanqu have gone through the procedures for cancelling the pledge. What's more

Items are as follows:

1、 Basic information on the cancellation of pledge of shareholders' shares

1. Basic information on the cancellation of pledge of shareholders' shares

Whether it is the first time to release the pledge in Japan. The name of the shareholders and the number of shares of the same bank are released this time. On the date of releasing the pledge, the pledgee accounts for the proportion of the total shares of the company Share capital ratio

Anxin securities

Wu Hanqu is a 10.31% 2.71% limited company with 17648450 shares on August 17, 2020 and February 11, 2022

2、 Cumulative pledge of shareholders' shares

As of the disclosure date of this announcement, Mr. Wu Hanqu directly holds 171156663 shares of the company, accounting for

26.25% of the total share capital; The company's shares held by Mr. Wu Hanqu have been pledged 9070000 shares, accounting for

5.30% of the total shares of the company, accounting for 1.39% of the total share capital of the company. The details are as follows:

Pledged shares and unsecured shares

Share of the public

Shareholder's name number of shares held (shares) total Pledged Shares held by the company accounted for pledged but not pledged

Proportion share quantity (share) share capital share restricted share restricted share

Proportion sale and freezing proportion sale and freezing proportion

Settlement quantity

Wuhanqu 171156663 26.25% 9070000 5.30% 1.39% 0

Total 171156663 26.25% 9070000 5.30% 1.39% 0

Note: 1. The above Pledged Shares do not bear performance compensation obligations such as major asset restructuring; 2. The above restricted shares do not include executive lock-in shares.

3、 Relevant risk tips

As of the disclosure date of this announcement, Mr. Wu Hanqu is in good credit condition and has the corresponding repayment ability. There is no risk of closing positions or forced transfer of Pledged Shares, and the pledge risk is within the controllable range. The company will strictly abide by relevant rules and timely fulfill the obligation of information disclosure. Investors should pay attention to risks and invest cautiously.

4、 Documents for future reference

1. Detailed statement of securities pledge and judicial freezing of China Securities Depository and Clearing Co., Ltd.

It is hereby announced.

Shenzhen Aoto Electronics Co.Ltd(002587) board of directors

February 14, 2002

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