Qibu Corporation Limited(603557) : Qibu Corporation Limited(603557) : Announcement on the unfreezing of some raised capital accounts and the progress of litigation

Securities code: Qibu Corporation Limited(603557) securities abbreviation: St starting Announcement No.: 2022024 Qibu Corporation Limited(603557)

Announcement on the unfreezing of some raised capital accounts and the progress of litigation

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: receiving the withdrawal ruling

Party status of the company: defendant

Amount involved: 14338913402 yuan

Whether it will have a negative impact on the profits and losses of the listed company: since the plaintiff has withdrawn the lawsuit, this lawsuit has no impact on the company’s profits in the current period or after the period.

1、 Capital freeze and basic information of this lawsuit

Qibu Corporation Limited(603557) (hereinafter referred to as “the company” or “starting shares”) received the summons and corresponding civil indictment from Yiwu people’s court in October 2021. For litigation matters, the plaintiff Industrial Bank Co.Ltd(601166) Yiwu Branch (hereinafter referred to as ” Industrial Bank Co.Ltd(601166) “) applied to Yiwu people’s court for property preservation, freezing the company’s deposits in financial institutions of 57 million yuan 7 million yuan, 53 million yuan and 39 million yuan, and the company’s notice deposit of RMB 50 million in total with idle raised funds in Industrial Bank Co.Ltd(601166) Yongkang sub branch. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on October 16, 2021 Announcement on the progress of freezing funds in some raised funds accounts and litigation involved (Announcement No.: 2021136).

2、 Relevant information on the lifting of the freezing of funds and the progress of this lawsuit

Recently, the company received the civil ruling [(2022) zhe 07 min Chu No. 59, (2022) zhe 07 min Chu No. 60, (2022) zhe 07 min Chu No. 61] of Zhejiang Jinhua intermediate people’s court and the civil ruling [(2021) zhe 0782 min Chu No. 164043] of Zhejiang Yiwu intermediate people’s court. The plaintiff Industrial Bank Co.Ltd(601166) filed a lawsuit with Jinhua intermediate people’s court The people’s Court of Yiwu has applied for the withdrawal of the lawsuit, and the above people’s court has made a ruling.

Recently, the company received the civil ruling from the people’s Court of Yiwu City, Zhejiang Province [(2021) zhe 0782 min Chu No. 164044, (2021) zhe 0782 min Chu No. 164074, (2021) zhe 0782 min Chu No. 164104], and Industrial Bank Co.Ltd(601166) submitted the application for lifting the preservation to the people’s Court of Yiwu City, Zhejiang Province. The court ruled that the freezing was lifted as follows:

Account number and account nature of deposit bank

Industrial Bank Co.Ltd(601166) Jinhua Yongkang sub branch 356080100100427785 special account for raised funds

China Merchants Bank Co.Ltd(600036) Wenzhou Branch Yongjia sub branch 577903979410205 special account for raised funds

Industrial Bank Co.Ltd(601166) Yongkang sub branch 3560801 Zhejiang Weixing Industrial Development Co.Ltd(002003) 28702 financing account of raised funds

The above accounts have been unfrozen for a total of 11483536376 yuan. Originally, Industrial Bank Co.Ltd(601166) has unfrozen 57 million yuan in Industrial Bank Co.Ltd(601166) Jinhua Yongkang sub branch. For details, see the website of Shanghai Stock Exchange on February 22, 2022 (www.sse. Com. CN.) Announcement on lifting the freezing of funds in some raised funds accounts (Announcement No.: 2022021). As of March 2, 2022, Industrial Bank Co.Ltd(601166) the freezing of the company’s deposits in financial institutions and RMB call deposits has been lifted.

3、 The impact of this lawsuit on the company’s profits in the current period or after the period

Since the plaintiff has withdrawn the lawsuit, this lawsuit has no impact on the company’s current or future profits.

4、 Other information

1. As of the disclosure date of this announcement, the company’s fund-raising account has been frozen as follows:

Deposit bank account number account nature frozen amount / yuan

Industrial Bank Co.Ltd(601166) Jinhua Yongkang sub branch 356080100100427785 special account for raised funds 56196628

China Merchants Bank Co.Ltd(600036) Wenzhou Branch Yongjia sub branch 577903979410205 special account for raised funds Shanghai Pudong Development Bank Co.Ltd(600000) 00

China Merchants Bank Co.Ltd(600036) Wenzhou Branch Lucheng sub branch 577903979410708 special account for raised funds 90000000

As of the disclosure date of this announcement, the frozen amount of the company’s fund-raising account was 206196628 yuan, accounting for 0.32% of the audited monetary funds in 2020. The company will continue to actively negotiate with all parties to properly handle the freezing of the remaining bank account funds. The company will pay close attention to the progress of this matter, fulfill the obligation of information disclosure, and earnestly safeguard the legitimate rights and interests of the company and all shareholders.

2. The information disclosure media designated by the company is Shanghai Stock Exchange( http://www.sse.com.cn. )And Securities Daily, the information of the company shall be subject to the information published in the above designated media.

3. Please make careful decisions and pay attention to investment risks.

It is hereby announced.

Qibu Corporation Limited(603557) board of directors March 3, 2022

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