Modern Avenue Group Co.Ltd(002656) : Announcement on increasing the shareholding of more than 5% shareholders and persons acting in concert by 1%

Announcement on increasing the shareholding of more than 5% shareholders and persons acting in concert by 1%

Securities code: Modern Avenue Group Co.Ltd(002656) securities abbreviation: Modern Avenue Group Co.Ltd(002656) Announcement No.: 2022013 Modern Avenue Group Co.Ltd(002656)

Announcement on increasing the shareholding of more than 5% shareholders and persons acting in concert by 1%

The shareholder Guangzhou puhuiyuan Trading Co., Ltd. and its concerted actor Jiayuan new energy investment (Guangzhou) partnership (limited partnership) guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor.

1. Basic information

Information disclosure obligor: Guangzhou puhuiyuan Trading Co., Ltd

Address: No. 6025a, 6th floor, Huilong block D, No. 86, Helong 1st Road, Helong street, Baiyun District, Guangzhou

Changes in equity from January 12, 2022 to February 25, 2022

Information disclosure obligor: Jiayuan new energy investment (Guangzhou) partnership (limited partnership)

Address: Room 309, No. 7, Nanzhuang 1st Road, Yongtai, Baiyun District, Guangzhou

Changes in equity from January 12, 2022 to February 25, 2022

Stock abbreviation: Modern Avenue Stock Code: Modern Avenue Group Co.Ltd(002656)

Change type increase □ decrease □ concerted action person yes □ no □

(multiple choices are allowed)

Whether it is the largest shareholder or actual controller yes □ no □

Before this increase, it was the largest shareholder

2. Changes in equity this time

Type of shares (A shares, B shares, etc.) number of shares increased / decreased (10000 shares) proportion of increased / decreased shares (%)

A shares through Jiayuan new energy investment (Guangzhou) partnership 1%

Industry (limited partnership) increased its holdings of 7125205 shares

A shares increased by 0% through Guangzhou puhuiyuan Trading Co., Ltd

thigh

Total 7125205 shares 1%

Centralized trading through stock exchange □ agreement transfer □

Block trading through stock exchange □ indirect transfer □

The way of equity change (multiple choices) administrative transfer or change of state-owned shares □ execution of court ruling □

Acquisition of new shares issued by listed companies □ succession □

Gift □ transfer of voting rights □

Others (please specify)

Announcement on increasing the shareholding of more than 5% shareholders and persons acting in concert by 1%

Self owned funds □ bank loans □

The capital source of this share increase (borrowing from other financial institutions □ shareholder investment □

Multiple choices) others □ (please specify)

Not involving the source of funds □

3. Shares of listed companies owned by investors and persons acting in concert before and after the change

Shares held before this change shares held after this change

Proportion of share nature in total share capital

Number of shares (10000 shares) (%) number of shares (10000 shares) in total share capital (%)

In total, it holds 63.41 million shares, 8.8993% and 70.53 million shares, 9.8993%

Including: 63.41 million shares without restrictions, 8.8993% and 70.53 million shares, 9.8993%

Shares with limited sales conditions 0

4. Implementation of commitments, plans, etc

Whether this change has been made for performance yes □ no □

If yes, please explain the specific conditions and implementation progress of the commitment, intention and plan.

Is there any violation of the certificate in this change

Securities law, management of acquisition of listed companies yes □ no □

Measures and other laws and administrative regulations. If yes, please explain the specific situation, rectification plan and treatment measures of violations.

Provisions of departmental rules, normative documents and business rules of the exchange 5 Shares with restricted voting rights

According to Article 63 of the securities law, yes □ no □

If so, please specify the proportion of the corresponding number of shares in the share capital of the existing listed company.

Voting shares 6 Further description of the transfer of voting rights (not applicable)

This entrustment this entrustment after this entrustment, the principal The shareholding ratio before the trustee status is calculated according to the name / name of the person acting in concert and the proportion of the price date in the total share capital (%)

Client □ trustee □

Client □ trustee □

The number of shares restricted in this entrustment, the description of the share disposal arrangement or commitment in the next 18 months, the main contents of the agreement or arrangement, including the rights and obligations of the trustor and the trustee, the term, the conditions for cancellation

Other special agreements, etc.

7. Further explanation on the increase of shares held by more than 30% shareholders (not applicable)

Whether the shareholding increase complies with the management of acquisition of listed companies yes □ no □

Circumstances exempted from tender offer stipulated in the measures

Announcement on increasing the shareholding of more than 5% shareholders and persons acting in concert by 1%

Commitment of shareholders and persons acting in concert not to reduce their shares of the company within the legal period 8 Documents for future reference 1. Details of shareholding changes of China Securities Depository and Clearing Co., Ltd. □ 2. Relevant written commitment documents □ 3. Written opinions of lawyers □ 4. Other documents required by Shenzhen Stock Exchange □

Guangzhou puhuiyuan Trading Co., Ltd. March 2, 2022 Jiayuan new energy investment (Guangzhou) partnership (limited partnership) March 2, 2022

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