Yaguang Technology Group Company Limited(300123) : Announcement on the receipt of the decision on administrative punishment by the holding subsidiary

Securities code: Yaguang Technology Group Company Limited(300123) securities abbreviation: Yaguang Technology Group Company Limited(300123) Announcement No.: 2022013 Yaguang Technology Group Company Limited(300123)

Announcement on the receipt of the decision on administrative punishment by the holding subsidiary

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.

Chengdu Yaguang Co., Ltd. (hereinafter referred to as “Chengdu Yaguang” or “Yaguang company”), a holding subsidiary of Yaguang Technology Group Company Limited(300123) (hereinafter referred to as “the company” or ” Yaguang Technology Group Company Limited(300123) “), received the decision on administrative punishment of Chengdu Ecological Environment Bureau (chenghuan punishment Zi [2022] No. ch007) on March 16, 2022. The relevant information is announced as follows: I. main contents of the decision on administrative punishment of Chengdu Ecological Environment Bureau

On January 29, 2022, Chengdu Ecological Environment Bureau carried out double random inspection on Chengdu Yaguang and found that Chengdu Yaguang took the automatic monitoring mode of COD online monitoring equipment as the self-monitoring mode and the automatic monitoring data as the self-monitoring data. When using COD online monitoring equipment for automatic monitoring, Chengdu Yaguang forged monitoring data, inserted the water sample injection pipe in the COD online monitoring equipment into the mineral water bottle containing liquid, and did not connect to the external water sample injection pipe. The aforesaid acts of Chengdu Yaguang violated the provisions of paragraph 2 of Article 19 of the regulations on the administration of pollutant discharge permits.

In accordance with the provisions of item 2 of Article 34 of the regulations on the administration of pollutant discharge permits and with reference to the discretion standard of ecological environment administrative punishment in Sichuan Province (2019 Edition), Chengdu Yaguang is hereby decided to impose a fine of RMB five hundred and fifty-eight thousand. If you are not satisfied with this decision, you can apply for administrative reconsideration to Chengdu Municipal People’s government or Sichuan Provincial Department of ecological environment within 60 days from the date of delivery of this decision; Administrative litigation may also be brought directly to the people’s Court of Chengdu high tech Industrial Development Zone within 6 months from the date of service of this decision. However, the execution of this punishment decision shall not be suspended during the period of reconsideration and litigation. If it fails to apply for administrative reconsideration, bring an administrative lawsuit to the people’s court, or implement the decision of administrative punishment within the time limit, Chengdu Ecological Environment Bureau will apply to the people’s court for compulsory execution according to law.

2、 Relevant events and measures taken by the company

According to the self-examination of Chengdu Yaguang, the relevant incident process is: the environmental protection administrator of Chengdu Yaguang was worried about the abnormal data caused by impurities in the pipeline from the online monitor to the sampling clean water tank (the maintenance company informed that such a situation existed). In order to check whether there were impurities in the pipeline between the sampling clean water tank and the online monitoring equipment, the individual arbitrarily completed the sampling data of COD system at about 10 a.m. on January 29, 2022, Use an empty mineral water bottle to take a bottle (500ml) of clean water pool water sampled by the on-line monitor and connect it to the sampling pipe of COD on-line monitor equipment. It is planned to compare the monitoring data of the pipeline between the on-line monitoring equipment and the clean water tank, so as to determine whether there are impurities in the pipeline between the on-line monitoring equipment and the clean water tank. After the environmental protection administrator accessed the water sample at about 10:15 on the same day, it coincided with the “double random” inspection of Chenghua detachment of Chengdu comprehensive administrative law enforcement corps for ecological and environmental protection in Chengdu Yaguang, and was immediately ordered to correct. At 12:00, the sampling was restored to the clean water tank for sampling. Chengdu Yaguang and its employees have no motivation to forge or tamper with monitoring data and evade supervision, which is an accident caused by management dereliction of duty and employees are not familiar with laws and regulations. After knowing the above events, the management of the company attached great importance to and urged Chengdu Yaguang to take specific rectification and preventive measures against the events as follows:

1. At present, Chengdu Yaguang has completed some rectification such as desilting of the sewage station, and will implement the upgrading and transformation of the sewage treatment system as soon as possible. 2. The relevant responsible personnel shall be held accountable, and the environmental protection management of the company shall be further strengthened to effectively fulfill the environmental protection responsibilities and obligations of the enterprise.

3、 Impact on the company

This administrative punishment is not expected to have a significant impact on the company’s current performance. Chengdu Yaguang plans to apply for administrative reconsideration to Chengdu Municipal People’s government or Sichuan Provincial Department of ecological environment. The illegal acts of the holding subsidiary involved in this administrative punishment do not touch the serious illegal compulsory delisting stipulated in article 10.5.1 of the GEM Listing Rules of Shenzhen Stock Exchange and articles 2, 4 and 5 of the measures for the implementation of major illegal compulsory delisting of listed companies of Shenzhen Stock Exchange. This administrative punishment is not expected to have a significant impact on the production and operation of the company and Chengdu Yaguang. The company will take this event as an opportunity to carefully analyze and summarize the experience and lessons, further improve the awareness of environmental protection, strengthen the learning of relevant personnel on environmental protection laws and regulations, strictly abide by environmental protection laws and regulations, and earnestly fulfill the responsibility of environmental protection.

4、 Documents for future reference

1. Decision on administrative punishment of Chengdu Ecological Environment Bureau (chfz [2022] No. ch007)

It is hereby announced.

Yaguang Technology Group Company Limited(300123) board of directors March 18, 2022

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