Jinan High-Tech Development Co.Ltd(600807) : Jinan High-Tech Development Co.Ltd(600807) announcement on the revision of the plan for the sale of major assets and related party transactions

Securities code: Jinan High-Tech Development Co.Ltd(600807) securities abbreviation: Jinan High-Tech Development Co.Ltd(600807) Announcement No.: pro 2022024

Jinan Chengdu Hi-Tech Development Co.Ltd(000628) Co., Ltd

Announcement on the revision of the plan for the sale of major assets and related party transactions

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.

The company disclosed the plan for sale of major assets and related party transactions of Jinan Chengdu Hi-Tech Development Co.Ltd(000628) Co., Ltd. and relevant documents on December 30, 2021, and received the inquiry letter on information disclosure of the plan for sale of major assets and related party transactions of Jinan Chengdu Hi-Tech Development Co.Ltd(000628) Co., Ltd. (shgh [2022] No. 0020) (hereinafter referred to as the “inquiry letter”) from Shanghai Stock Exchange on January 12, 2022.

According to the relevant requirements of the inquiry letter, the company has carefully analyzed and implemented the relevant problems one by one with relevant intermediaries, and supplemented and revised some contents of the plan for major asset sales and related party transactions of Jinan Chengdu Hi-Tech Development Co.Ltd(000628) Co., Ltd, The main contents of this supplement and revision are as follows (unless otherwise specified, the abbreviation in this revision has the same meaning as the abbreviation in the plan):

Revised contents of sections of the plan

I. the transaction plan

According to the latest progress of the appraisal, the main contents of the estimated value adjustment of the subject assets “,” IV. The estimated price of the subject assets “

Tips on major issues / the first section is 903 million yuan, with performance commitment

Situation “; “Section I overview of this transaction” II

Overview of this transaction / Section V total committed accumulated net profit from 2022 to 2024 is adjusted to the specific scheme of this transaction “,” v. target assets forecast “

The estimated valuation of the underlying assets is a $116 million, and supplementary disclosure of the valuation of this major asset “; “Section V estimation of underlying assets

Relevant safeguard measures for consideration payment of sale transaction.

“Pricing”

“The impact of this transaction on the business of listed companies” supplementary disclosure of the specific purpose of the funds obtained from this major asset sale; “V. impact of this transaction on the competition” in “tips on major issues of this transaction on the inter-bank competition of listed companies” supplementary disclosure of tips on major issues of this transaction by controlling shareholders / section 6

The influence of the municipal company “; “Section VI further arrangement of this transaction on the solution measures of horizontal competition in the previous year;” impact of this transaction on Listed Companies

The “impact of the transaction on the related party transactions of listed companies” supplementary disclosure of the controlling shareholders’ further opinions on the related party capital transactions and guarantee matters expected to be formed by this transaction and their solutions Step arrangement.

Tips on major events / section I “tips on major events” of “VI. supplementary disclosure of this transaction decision-making. This transaction still needs the overview process and approval of Shanghai Municipal Commission of Commerce”; “Section I filing of this transaction

VII. Decision making process and approval of this transaction

“Situation”

Update tips on major matters concerning the disposal of golden dragon mine and fields find VII. Important commitments made by relevant parties to this transaction, mine related commitments, update current accounts and guarantee settlement arrangements, etc.

“Major risk tips” I. related to this transaction

Relevant risks “,” II. After this transaction, the listed company updates the relevant contents of the approval risk of this transaction; according to the most significant risk prompt / Section VII risk

Risks faced “; “Section VII risk factors” I. The new settlement measures for current accounts and guarantees update the risk factors

Risks related to this transaction “,” II. Contents of this transaction.

“Risks faced by listed companies after Yi”

See the plan for sale of major assets and related party transactions of Jinan Chengdu Hi-Tech Development Co.Ltd(000628) Co., Ltd. (Revised Draft) disclosed by the company on the same day for the specific amendments above.

The information disclosure media designated by the company are Shanghai Securities News, China Securities News and the website of Shanghai Stock Exchange. The information about the company shall be subject to the information published in the above designated media. Please invest rationally and pay attention to investment risks.

It is hereby announced.

Jinan Chengdu Hi-Tech Development Co.Ltd(000628) Co., Ltd

Board of directors

March 21, 2022

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