688020: Guangzhou Fangbang Electronics Co.Ltd(688020) announcement on the progress of litigation matters and the receipt of withdrawal ruling

Securities code: 688020 securities abbreviation: Guangzhou Fangbang Electronics Co.Ltd(688020) Announcement No.: 2022-008 Guangzhou Fangbang Electronics Co.Ltd(688020)

Announcement on progress of litigation matters and receipt of withdrawal ruling

The board of directors and all directors 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:

The litigation stage of the case: the plaintiff withdrew the lawsuit

The party status of listed companies: defendant

Cause of action: intellectual property infringement litigation

Amount involved: not involved

Whether it will have an impact on the profits and losses of the listed company: this lawsuit will not have a negative impact on the company’s daily production and operation, nor on the company’s current and future profits and losses. Recently, Guangzhou Fangbang Electronics Co.Ltd(688020) (hereinafter referred to as “the company”) received two civil rulings issued by Shenzhen intermediate people’s Court ((2020) Yue 03 min Chu No. 5595 and (2020) Yue 03 min Chu No. 5596). According to the two rulings, the court ruled to allow the plaintiff to withdraw the lawsuit in the case of the dispute over infringement of intellectual property rights between the plaintiff Shenzhen konoqiao Technology Co., Ltd. and our company. The relevant information is hereby announced as follows: I. Basic information of litigation

1. Basic information of case 1 (case No.: (2020) Yue 03 min Chu No. 5595)

Konoqiao company filed a lawsuit with Shenzhen intermediate people’s Court on the ground that the company’s relevant electromagnetic shielding film products infringed its invention patent zl201210558375.0.

The specific claims include: (1) order the company to immediately stop infringing the plaintiff’s invention patent No. zl201210558375.0, including stopping the manufacture, sale and promise of sale of infringing products, destroying the equipment and molds specially used for the production of infringing products, and destroying all inventory infringing products; Order Shenzhen Chengze Trading Co., Ltd. to immediately stop selling infringing products; (2) Order the company to bear the litigation costs of this case.

2. Basic information of case 2 (case No.: (2020) Yue 03 min Chu No. 5596)

Kono Bridge Company infringed its zl201220710157 with its relevant electromagnetic shielding film products X filed a lawsuit with the Shenzhen intermediate people’s Court on the grounds of the patent right of utility model.

Specific claims include: (1) order the company to immediately stop infringing the plaintiff’s zl201220710157 The patent right of No. x utility model, including stopping manufacturing, selling and offering to sell infringing products, destroying equipment and molds specially used for the production of infringing products, and destroying all infringing products in stock; Order Shenzhen Chengze Trading Co., Ltd. to immediately stop selling infringing products; (2) Order the company to bear the litigation costs of this case.

2、 Litigation ruling

1. Ruling of case 1 (case No.: (2020) Yue 03 min Chu No. 5595)

The main contents of the civil ruling (2020) Yue 03 min Chu No. 5595 issued by Shenzhen intermediate people’s court are as follows:

The court held that the plaintiff’s application for withdrawal of the lawsuit by Shenzhen konoqiao Technology Co., Ltd. was a voluntary disposition of its civil and litigation rights, which was in line with the provisions of the law and should be allowed. In accordance with the provisions of paragraph 1 of Article 145 and item (V) of paragraph 1 of Article 154 of the Civil Procedure Law of the people’s Republic of China, the ruling is as follows:

The plaintiff Shenzhen konoqiao Technology Co., Ltd. is allowed to withdraw the lawsuit.

The case acceptance fee of this case is 1000 yuan, which is halved and charged 500 yuan, which shall be borne by the plaintiff Shenzhen konoqiao Technology Co., Ltd.

2. Ruling of case 2 [case No.: (2020) Yue 03 min Chu No. 5596]

The main contents of the civil ruling (2020) Yue 03 min Chu No. 5596 issued by Shenzhen intermediate people’s court are as follows:

The court held that the plaintiff’s application for withdrawal of the lawsuit by Shenzhen konoqiao Technology Co., Ltd. was a voluntary disposition of its civil and litigation rights, which was in line with the provisions of the law and should be allowed. In accordance with the provisions of paragraph 1 of Article 145 and item (V) of paragraph 1 of Article 154 of the Civil Procedure Law of the people’s Republic of China, the ruling is as follows:

The plaintiff Shenzhen konoqiao Technology Co., Ltd. is allowed to withdraw the lawsuit.

The case acceptance fee of this case is 1000 yuan, which is halved and charged 500 yuan, which shall be borne by the plaintiff Shenzhen konoqiao Technology Co., Ltd. 3、 Impact of this lawsuit on the company

According to the ruling of Shenzhen intermediate people’s court, this lawsuit will not have a negative impact on the company’s daily production and operation, nor on the company’s current and future profits and losses.

It is hereby announced.

Guangzhou Fangbang Electronics Co.Ltd(688020) board of directors February 16, 2022

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