Shenzhen Mtc Co.Ltd(002429) : Announcement on suspension of trading of major events planned by controlling shareholders

Securities code: 002429 securities abbreviation: Shenzhen Mtc Co.Ltd(002429) Announcement No.: 2022-003 Shenzhen Mtc Co.Ltd(002429)

Announcement on suspension of trading of major events planned by controlling shareholders

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.

Shenzhen Mtc Co.Ltd(002429) (hereinafter referred to as “the company”) received the notice from the controlling shareholder of the company Nanchang zhaochi investment partnership (limited partnership) (hereinafter referred to as “Nanchang Zhaotou”) on February 21, 2022. Nanchang Zhaotou is planning the change of control. After the transaction is completed, the counterparty will obtain 15% – 25% of the equity of the company. The specific scheme is subject to the relevant agreements signed by all parties. If this transaction is completed, the counterparty will gain control of the company and become the controlling shareholder of the company.

In view of the uncertainty that the matter is under planning and needs to be approved by the competent department, in order to ensure fair information disclosure, avoid abnormal fluctuation of the company’s share price and safeguard the interests of the majority of investors, in accordance with the stock listing rules of Shenzhen Stock Exchange and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 6 – suspension and resumption of trading, Upon the application of the company to Shenzhen Stock Exchange, the trading of the company’s shares will be suspended from the opening of the market on Tuesday, February 22, 2022. It is expected that the suspension will not exceed 2 trading days. During the period of disclosure, the company will strictly perform its obligations of information suspension in accordance with relevant laws and regulations. After the above matters are determined, the company will timely issue relevant announcements and apply for the resumption of trading of the company’s shares.

In view of the uncertainty of the above matters, please pay attention to the investment risks. The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities times, securities daily and cninfo( http://www.cn.info.com.cn. ), please pay attention to the relevant announcements.

It is hereby announced.

Shenzhen Mtc Co.Ltd(002429) board of directors

February 22, 2002

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