Shenzhen Mtc Co.Ltd(002429) : Announcement on the progress and resumption of trading of major matters planned by controlling shareholders

Securities code: Shenzhen Mtc Co.Ltd(002429) securities abbreviation: Shenzhen Mtc Co.Ltd(002429) Announcement No.: 2022007 Shenzhen Mtc Co.Ltd(002429)

Announcement on the progress of controlling shareholders in planning major events and resumption of trading

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:

The trading of the company’s shares (Securities abbreviation: Shenzhen Mtc Co.Ltd(002429) , securities code: Shenzhen Mtc Co.Ltd(002429) ) will resume from the opening of the market on Tuesday, March 1, 2022.

Shenzhen Mtc Co.Ltd(002429) (hereinafter referred to as “the company”) applied to Shenzhen Stock Exchange on February 21, 2022 because the controlling shareholder Nanchang zhaochi investment partnership (limited partnership) (hereinafter referred to as “Nanchang Zhaotou”) was planning the change of control of the company, which may lead to the change of the controlling shareholder or actual controller of the company, The trading of the company’s shares shall be suspended for no more than 2 trading days from the opening of the market on Tuesday, February 22, 2022, and for no more than 3 trading days from the opening of the market on Thursday, February 24, 2022. For details, please refer to China Securities Journal, Shanghai Securities News, securities times, securities daily and cninfo (www.cn. Info. Com. CN.) on February 22 and February 24, 2022 Announcement on suspension of trading of major events planned by controlling shareholders (Announcement No.: 2022003) and announcement on continued suspension of trading of major events planned by controlling shareholders (Announcement No.: 2022004) disclosed on the.

During the suspension period, Nanchang Zhaotou, the controlling shareholder of the company, and Mr. Gu Wei, the person acting in concert, signed the share transfer framework agreement with Shenzhen capital operation group Co., Ltd. and its wholly-owned subsidiary Shenzhen Yixin Investment Co., Ltd. for details, see the company’s statements in China Securities News, Shanghai Securities News and securities times on March 1, 2022 Securities Daily and cninfo (www.cn. Info. Com. CN.) The disclosed suggestive announcement on the proposed change of controlling shareholders and actual controllers (Announcement No.: 2022008).

According to the provisions of the 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, after the company applies to Shenzhen Stock Exchange, the company’s shares (Securities

Abbreviation: Shenzhen Mtc Co.Ltd(002429) , securities code: Shenzhen Mtc Co.Ltd(002429) ) will resume trading from the opening of the market on Tuesday, March 1, 2022.

This matter still requires the relevant parties to complete all due diligence, sign the share transfer agreement, perform the review and approval procedures of the state-owned assets supervision and administration department, declare the concentration of business operators, and obtain the decision or consent document (if applicable) issued by the competent antitrust authority not to conduct further review or prohibition and other necessary procedures, And only after the compliance confirmation of Shenzhen stock exchange can the transfer procedures of share agreement be handled in Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Whether the above approval and confirmation procedures can be passed and the time of passing are still uncertain.

This transaction will not affect the normal production and operation of the company. The company will timely perform the obligation of information disclosure according to the progress of the matter. The company and all parties will prepare and disclose the share change announcement or equity change report in accordance with the relevant provisions of the measures for the administration of the acquisition of listed companies and the standards for the contents and forms of information disclosure by companies that publicly issue securities No. 15 – equity change report. 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

March 1, 2002

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