Shenzhen Zowee Technology.Co.Ltd(002369) terminate the non-public offering of shares and withdraw the application documents

Shenzhen Zowee Technology.Co.Ltd(002369) announcement: in view of the current changes in national policies and capital market environment, and taking into account the company’s actual situation, development planning and many other factors, the company decided to terminate the non-public offering of shares in 2021 after careful analysis and repeated communication with intermediaries, and applied to the CSRC to withdraw the application documents for non-public offering of shares in 2021.

The company also announced that on February 21, 2022, the company received the termination agreement of the voting power entrustment agreement on Shenzhen Zowee Technology.Co.Ltd(002369) shares signed by the actual controller Shenzhen Smart City Technology Development Group Co., Ltd. and Xia Chuanwu. According to the agreement, The voting rights of 93000000 shares of the company held by Xia Chuanwu (accounting for 16.12% of the total share capital of the company) will no longer be entrusted to Shenzhi city. Since the effective date of the agreement, the controlling shareholder and actual controller of the company have been changed to Xia Chuanwu.

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