Xilong Scientific Co.Ltd(002584) : suggestive announcement on the listing and circulation of restricted shares of Xinjiang Mingding equity investment management partnership (limited partnership)

Securities code: 002584 securities abbreviation: Xilong Scientific Co.Ltd(002584) Announcement No.: 2022-002 Xilong Scientific Co.Ltd(002584)

Suggestive announcement on the listing and circulation of restricted shares of Xinjiang Mingding equity investment management partnership (limited partnership)

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.

Special tips:

1. The number of restricted shares lifted this time is 1468784 shares, accounting for 0.2510% of the total share capital of the company;

2. The listing and circulation date of the restricted shares is February 22, 2022 (Tuesday).

1、 Overview of Limited shares held by shareholders

Xinjiang Mingding equity investment management partnership (limited partnership) (changed from Shantou Mingyuan Investment Co., Ltd., hereinafter referred to as "Mingding investment") is one of the sponsors of Xilong Scientific Co.Ltd(002584) (hereinafter referred to as "the company"). After the completion of the company's initial public offering of a shares, it holds 7426500 shares of the company, which are restricted shares before the initial public offering.

On June 2, 2012, 7426500 pre IPO shares of Xilong Scientific Co.Ltd(002584) held by Mingding investment could be listed and circulated. Based on its voluntary commitment of IPO, "the annual transfer of Xilong Scientific Co.Ltd(002584) shares will not exceed 25% of the total number of Xilong Scientific Co.Ltd(002584) shares held by Mingding investment". The restricted shares held by Mingding investment have been explained in the previous unlocking announcements of Xilong Scientific Co.Ltd(002584) , the suggestive announcement on the listing and circulation of issued shares before the initial public offering (May 31, 2012), the suggestive announcement on the listing and circulation of restricted shares after the initial public offering (January 15, 2019) Suggestive announcement on the listing and circulation of restricted shares after the initial public offering (January 14, 2020) and suggestive announcement on the listing and circulation of restricted shares of Xinjiang Mingding equity investment management partnership (limited partnership) (March 10, 2021).

As of the date of this announcement, Mingding investment holds 5875137 shares of the company, all of which are restricted shares after the initial offering. According to its commitment, the transferable shares of Mingding investment in 2022 will not exceed 25% of the total shares of the company, that is, after its initial offering, the restricted shares can be lifted by 1468784 shares.

2、 Implementation of commitments by shareholders applying for lifting share restrictions

According to the company's prospectus for initial public offering of shares, Mingding investment, the shareholder applying for lifting the restrictions on the sale of shares, has made the following commitment to lock up its shares:

1. Within 12 months from the date of listing of the company's shares, the company will not transfer or entrust others to manage its shares, nor will the company repurchase its shares. After the expiration of the commitment period, the above shares can be listed, circulated and transferred. 2. The company's shares transferred each year will not exceed 25% of the total number of shares held by the company; And will promptly report to the company the shares held by the company and their changes.

As of the date of this announcement, Mingding investment has strictly fulfilled the above commitments, there is no non operational occupation of listed funds, and the company has no illegal guarantee for it.

3、 The listing and circulation arrangement of restricted shares is lifted this time

1. The listing and circulation date of the restricted shares is February 22, 2022 (Tuesday).

2. The number of restricted shares lifted this time is 1468784, accounting for 0.251% of the total share capital of the company.

3. The number of shareholders lifting the restricted shares this time is 1.

4. The listing and circulation of restricted shares by the holders of restricted shares is as follows:

Name of shareholder total number of restricted shares (shares) remarks on the number of restricted shares (shares) lifted this time

Xinjiang Mingding equity investment management joint venture without pledge (limited partnership) 5875137 1468784 and freezing

4、 Changes in share capital structure before and after the lifting of restrictions on sales

Before and after this change

Proportion of quantity (shares) (%) (+, -) proportion of quantity (shares) (%)

1、 Shares with limited sales conditions 180359110 30.819 - 1468784 178890326 30.568

Restricted shares after IPO 5875137 1.004 - 1468784 4406353 0.753

Executive lock up shares 174483973 29.815 0 174483973 29.815

2、 Shares with unlimited sales conditions 404857312 69.181 + 1468784 406326096 69.432

3、 Total shares 585216422 100 0 585216422 100

5、 Documents for future reference

1. Application for listing and circulation and application form for listing and circulation of restricted shares;

2. List of share structure and list of restricted shares;

3. Other documents required by Shenzhen Stock Exchange.

It is hereby announced.

Xilong Scientific Co.Ltd(002584) board of directors

February 18, 2002

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