Gpro Titanium Industry Co.Ltd(000545) : Announcement on the progress of freezing some shares of controlling shareholders

Securities code: 000545 stock abbreviation: Gpro Titanium Industry Co.Ltd(000545) Announcement No.: 2022-010 Gpro Titanium Industry Co.Ltd(000545)

Progress announcement on the freezing of some shares of controlling shareholders

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without any false records, misleading statements or major omissions.

On February 7, 2022, Gpro Titanium Industry Co.Ltd(000545) (hereinafter referred to as “the company”) issued the announcement on the freezing of some shares of the controlling shareholder (Announcement No.: 2022-009), and some shares of the company held by the controlling shareholder Jinpu Investment Holding Group Co., Ltd. (hereinafter referred to as “Jinpu group”) were judicially frozen.

On February 14, 2022, the company received the notice from the controlling shareholder Jinpu group, which received the civil ruling of Hangzhou intermediate people’s Court of Zhejiang Province, with the specific contents as follows:

1. Zhejiang Hangzhou intermediate people’s court civil ruling (2022) zhe 01 min Chu No. 76: in the case of the plaintiff Zhejiang Xinhu Group Co., Ltd. vs. the defendants Zhejiang guxiandao Investment Co., Ltd., Jinpu Investment Holding Group Co., Ltd., Shi Jianqiang and Li Sufang, the plaintiff Zhejiang Xinhu Group Co., Ltd. applied to the court for property preservation, The court ruled to freeze the bank deposits of 106.096 million yuan of the defendants Zhejiang guxiandao Investment Co., Ltd., Jinpu Investment Holding Group Co., Ltd., Shi Jianqiang and Li Sufang, or to seal up or detain other property of corresponding value.

2. Zhejiang Hangzhou intermediate people’s court civil ruling (2022) zhe 01 min Chu No. 77: in the case of the plaintiff Zhejiang Xinhu Venture Capital Co., Ltd. v. the defendant Zhejiang guxiandao Investment Co., Ltd., Jinpu Investment Holding Group Co., Ltd., Shi Jianqiang and Li Sufang’s equity transfer dispute, the plaintiff Zhejiang Xinhu venture Capital Co., Ltd. applied to the court for property preservation, The court ruled to freeze the bank deposits of 209.4 million yuan of the defendants Zhejiang guxiandao Investment Co., Ltd., Jinpu Investment Holding Group Co., Ltd., Shi Jianqiang and Li Sufang, or to seal up or detain other property with corresponding value.

At present, Jinpu group, the controlling shareholder of the company, is actively taking measures to properly resolve relevant disputes as soon as possible. The company will pay close attention to relevant progress and timely perform corresponding information disclosure obligations in accordance with relevant laws and regulations. Please pay attention to the subsequent relevant announcements and pay attention to the investment risks.

It is hereby announced.

Gpro Titanium Industry Co.Ltd(000545) board of directors

February 15, 2002

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