Shanghai Gentech Co.Ltd(688596) : Shanghai Gentech Co.Ltd(688596) announcement on the expiration of shareholders’ share reduction plan and the result of share reduction

Securities code: Shanghai Gentech Co.Ltd(688596) securities abbreviation: Shanghai Gentech Co.Ltd(688596) Announcement No.: 2022009 Shanghai Gentech Co.Ltd(688596)

Announcement on the expiration of shareholders’ share reduction plan and the result of share reduction

The board of directors, all directors and relevant shareholders of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law. Important content tips:

Basic information of shareholders’ shareholding

Prior to the implementation of the reduction plan, the shareholder of Shanghai Gentech Co.Ltd(688596) (hereinafter referred to as “the company”) Yangzhou Fuyi shaped energy equity investment partnership (limited partnership) (formerly renamed “Ningbo quantum shaped energy investment center (limited partnership)”, hereinafter referred to as “Yangzhou Fuyi”) held 14883513 shares of the company, accounting for 5.80% of the total share capital of the company. The above shares were acquired before the company’s initial public offering and were listed and circulated on August 20, 2021.

Implementation results of share reduction plan

On November 20, 2021, the company disclosed the announcement on the share reduction plan of Shanghai Gentech Co.Ltd(688596) shareholders holding more than 5% (Announcement No.: 2021061).

On March 11, 2022, the company received the notification letter of Yangzhou Fuyi Juneng equity investment partnership (limited partnership) on the reduction results of Shanghai Gentech Co.Ltd(688596) shares issued by the shareholder Yangzhou Fuyi. In this reduction plan, Yangzhou Fuyi reduced 998769 shares of the company through centralized bidding, accounting for 0.3894% of the total shares of the company. The time interval of this reduction plan expires, and the implementation of this reduction plan has been completed. The details are as follows:

1、 Basic information of the reducing entity before the reduction

Shareholder name shareholder identity shareholding number (shares) shareholding proportion current shareholding source

More than 5% of Yangzhou Fuyi is not the first 14883513, and 5.80% was obtained before IPO: 14883513 shares of major shareholders of Juneng

Investment partnership (limited partnership)

The above reduction subjects have no concerted action.

2、 Implementation results of the reduction plan (I) shareholders disclose the implementation results of the reduction plan due to the following matters: the disclosed reduction time interval expires

Number of holdings reduction total amount of holdings reduction in the price area completion of holdings reduction current number of shares current shareholder name (share) reduction proportion during the reduction period (yuan) quantity (share) share proportion (yuan / share)

Yangzhou Fuyi 9987690.3894% 2021 / 12 / 13 ~ centralized bidding 21.082277492692 not completed: 1388474445.4132% Juneng equity trading 26.726696231 shares on 2022 / 3 / 12

Investment partnership (limited partnership) Note: during the reduction plan period, Yangzhou Fuyi lent part of the company’s non tradable shares held by it to China Securities Finance Co., Ltd. through the securities trading platform. The number of shares Lent was 1060000, accounting for 0.4133% of the company’s total share capital, and the ownership of this part of the shares was not transferred. As of the disclosure date of this announcement, Yangzhou Fuyi held 12824744 shares of the company, accounting for 4.9999% of the total share capital of the company.

(II) whether the actual reduction is consistent with the previously disclosed reduction plan and commitment √ yes □ no (III) whether the reduction time interval expires and whether the reduction has not been implemented □ not implemented √ implemented

(IV) whether the actual reduction has not reached the minimum reduction quantity (proportion) of the reduction plan □ not reached √ reached (V) whether the reduction plan is terminated in advance □ yes √ no

It is hereby announced.

Shanghai Gentech Co.Ltd(688596) board of directors March 12, 2022

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