Kingland Technology Co.Ltd(000711) : supplementary announcement on the announcement of major litigation progress

Securities code: 000711 securities abbreviation: Kingland Technology Co.Ltd(000711) Announcement No.: 2022-042 Kingland Technology Co.Ltd(000711)

About Tianjin Beikong Engineering Management Consulting Co., Ltd., Gao Xuegang, etc

The supplementary announcement of the announcement on the progress of major litigation requiring compensation for the performance of the gambling industry has not been completed

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

On February 11, 2022, Kingland Technology Co.Ltd(000711) (hereinafter referred to as " Kingland Technology Co.Ltd(000711) " and "the company") disclosed the announcement on the progress of Kingland Technology Co.Ltd(000711) major litigation against Tianjin Beikong Engineering Management Consulting Co., Ltd. and Gao Xuegang for compensation for outstanding gambling performance (Announcement No. 2022-038), The possible impact of the litigation disclosed in the above announcement on the company's profits in the current period or after the period is hereby supplemented as follows: the litigation disclosed in the above announcement has no impact on the company's profits in the current period (2021), the impact on the total profits in the first quarter of 2022 is 46815143.95 yuan, and the impact on the capital reserve in the first quarter of 2022 is -37162537.95 yuan. However, since it is impossible to predict the completion time and specific completion of subsequent implementation work, it is impossible to judge other subsequent specific impacts on the company's profits after the period. The company will actively promote the follow-up implementation work and safeguard the interests of the company and all shareholders. If there is progress, the company will timely perform the obligation of information disclosure. Please pay attention to the risks and invest cautiously.

It is hereby announced.

Kingland Technology Co.Ltd(000711) board of directors February 15, 2002

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