600751: Hna Technology Co.Ltd(600751) announcement on the outcome of the lawsuit

Securities code: 600751 900938 securities abbreviation: Hna Technology Co.Ltd(600751) Haike B No.: lin2022-006 Hna Technology Co.Ltd(600751)

Announcement of litigation results

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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

The litigation stage of the case: reaching civil mediation.

The party status of the listed company: defendant.

Amount involved in litigation: 36.16871 million yuan of principal, interest and litigation costs.

Whether it will have a negative impact on the listed company: the mediation agreement determines that the loan interest rate is lower than the original loan contract interest rate, and the litigation costs are borne by the plaintiff, which is conducive to reducing the company’s financial expenses and management expenses by about 1967.96 million yuan. The specific accounting treatment and final actual impact shall be subject to the results confirmed by the annual audit of the accounting firm.

Recently, Hna Technology Co.Ltd(600751) (hereinafter referred to as “the company”, “the defendant” and “the borrower”) received the civil mediation statement (No. 1188) of Hainan first intermediate people’s Court (2021) qiong96 minchu, and now the specific situation is announced as follows:

1、 Parties to the case

Plaintiff: Taiyuan branch of Bohai Bank Co., Ltd

Defendant: Hna Technology Co.Ltd(600751) and Tianjin branch and Shanghai Branch

2、 Litigation cases

The plaintiff, Taiyuan branch of Bohai Bank Co., Ltd. (hereinafter referred to as “Taiyuan branch of Bohai bank”, “plaintiff” and “lender”) sued the company, Tianjin Branch of the company (“Party C”) and Shanghai Branch (“Party D”) to the people’s Court of Xiaodian District, Taiyuan City, Shanxi Province due to disputes over financial loan contracts, For details, please refer to the announcement on litigation (p.2021-096) disclosed by the company on October 27, 2021.

3、 Mediation of this lawsuit

1. On July 12, 2018, the lender and the borrower signed the working capital loan contract (hereinafter referred to as “Contract No. 15”) numbered Botai shunting loan (2018) No. 15. As of the date of signing this agreement, the principal balance of the loan is 150 million yuan (in words: 150 million yuan only), and the loan term is October 2018

From October 15 to October 14, 2019. The corresponding receipt number is 00182845. In 2019, the lender and the borrower signed the loan extension agreement of Bohai Bank Co., Ltd. (hereinafter referred to as “extension agreement”) numbered Botai shunting loan Exhibition (2019) No. 3 to extend the above creditor’s rights until October 13, 2020. On September 24, 2020, the lender and the borrower, HNA Group Co., Ltd. (as the guarantor) and Hna Technology Co.Ltd(600751) Group Co., Ltd. (as the guarantor and Pledgor) signed the loan term change agreement of Bohai Bank Co., Ltd. (hereinafter referred to as “term change agreement”) with No. (Botai shunting loan change (2020) No. 1), Extend the term of the loan to September 25, 2021.

2. On September 25, 2019, the lender and the borrower signed the working capital loan contract (hereinafter referred to as “contract 40”) numbered Botai shunting loan (2019) No. 40 on June 12, 2020. As of the date of signing this agreement, the total balance of loan principal issued by the lender for four times is 169.28 million yuan (in words: one hundred sixty-nine million two hundred and eighty thousand yuan only). The term change agreement signed on September 24, 2020 extended the loan term to September 25, 2021. The details are as follows:

(1) On September 29, 2019, 150 million loans will be issued, and the maturity date is September 26, 2020. The corresponding receipt number is 00352682. According to the term change agreement, the loan is extended to September 25, 2021.

(2) The loan will be issued on September 29th, 2020 and will expire on September 26th, 2019. The corresponding receipt number is 00352680. According to the term change agreement, the loan is extended to September 25, 2021.

(3) On March 27, 2020, a loan of 13 million yuan was issued, and the maturity date was September 26, 2020. The corresponding receipt number was 00392514. According to the term change agreement, the loan is extended to September 25, 2021.

(4) On March 27, 2020, 280000 loans were issued, and the maturity date was September 26, 2020. The corresponding receipt number is 00392516. According to the term change agreement, the loan is extended to September 25, 2021.

Now, based on the principles of good faith, fairness and voluntariness, the parties have signed this mediation agreement through friendly negotiation: the parties confirm that as of the date of signing the mediation agreement, the borrower owes a total of 342.075 million yuan in principal and interest.

3、 Possible impact of this lawsuit on the company’s performance

As of the date of this announcement, the company has paid the plaintiff a total of 342.075 million yuan in principal and interest in accordance with the civil mediation statement (No. 1188) of Hainan first intermediate people’s Court (2021). As of the date of this announcement, the company has no other borrowings from Taiyuan branch of Bohai bank. The specific accounting treatment and final actual impact of this lawsuit shall be subject to the results confirmed by the annual audit of the accounting firm. Please pay attention to investment risks. 4、 Prompt situation

(I) at present, the company has stable production and operation and solvency. Please pay attention to the investment risks.

(II) the information disclosure publications designated by the company are China Securities News, Shanghai Securities News, securities times, Securities Daily, Ta Kung Pao and the website of Shanghai Stock Exchange( http://www.sse.com.cn. ), relevant information disclosure and announcement contents shall be subject to the above designated media.

It is hereby announced.

Hna Technology Co.Ltd(600751) board of directors February 19, 2022

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