Zhejiang Sunoren Solar Technology Co.Ltd(603105) : Zhejiang Sunoren Solar Technology Co.Ltd(603105) shareholders holding more than 5% of shares reduced by centralized bidding for more than half of the time and announcement of the progress of reduction

Securities code: Zhejiang Sunoren Solar Technology Co.Ltd(603105) securities abbreviation: Zhejiang Sunoren Solar Technology Co.Ltd(603105) Announcement No.: 2022002 Zhejiang Sunoren Solar Technology Co.Ltd(603105)

More than half of the time for shareholders holding more than 5% to reduce their shares through centralized bidding

Announcement on the progress 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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

Basic information of shareholding of major shareholders

The company was posted on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on November 29, 2021 Disclosed the announcement on the plan of reducing shares held by shareholders holding more than 5% through centralized bidding (Announcement No.: 2021033). As of the disclosure date of the reduction plan, as an institutional shareholder holding more than 5% of Zhejiang Sunoren Solar Technology Co.Ltd(603105) (hereinafter referred to as “the company”), Hangzhou CDH new trend equity investment partnership (limited partnership) (hereinafter referred to as “CDH investment”) holds 43526000 tradable shares without restrictions, accounting for 8.7052% of the company’s share capital.

Progress of centralized bidding reduction plan

The company recently received a notice from CDH investment. From December 20, 2021 to March 20, 2022, CDH investment has reduced 5000000 shares of the company through centralized bidding, accounting for 1.0000% of the total share capital of the company. The planned time of reducing shares through centralized bidding is more than half, and the reduction plan has not been completed. As of the disclosure date of this announcement, CDH investment held 36526000 tradable shares with no sale conditions, accounting for 7.3052% of the company’s share capital.

1、 Basic information of the subject of centralized bidding reduction before reduction

Number of shares held

Shareholder name shareholder identity shareholding proportion current shareholding source (share)

More than 5% of the equity of Hangzhou CDH new trend is not obtained before the first 435260008.7052% IPO:

Investment partnership (limited majority shareholder: 43526000 shares)

Partnership)

The above reduction subjects have no concerted action.

2、 Implementation progress of centralized bidding reduction plan

(I) major shareholders disclose the implementation progress of the centralized bidding reduction plan for the following reasons:

The reduction time is more than half

Reduction price

Reduction quantity reduction ratio reduction interval reduction total amount current number of shares current shareholder name

(share) example period mode (yuan / (yuan) quantity (share) share proportion (share)

Hangzhou CDH 50 Ping An Bank Co.Ltd(000001) . Shenzhen Zhongheng Huafa Co.Ltd(000020) 21/centralized 15. Guangdong Tonze Electric Co.Ltd(002759) 86109365260007.3052% new trend shares% 12 / 20 bidding -15.247

Equity investment contract transaction

Joint venture (2022)/

Limited partnership) 3 / 20

(II) whether the reduction is consistent with the plans and commitments previously disclosed by major shareholders or directors, supervisors and senior executives

√ yes □ no

(III) whether the listed company has disclosed major issues such as high transfer or planning merger and reorganization within the reduction time period

□ yes √ no

(IV) impact of this reduction on the company

The shareholders of this reduction are not the controlling shareholders or actual controllers of the company. This reduction will not cause the company

The change of control right will not have a significant impact on the corporate governance structure, equity structure and sustainable operation.

(V) other matters required by the exchange

III. risk tips related to the centralized bidding reduction plan (I) uncertainty risk of the implementation of the reduction plan, such as the preconditions and restrictive conditions for the implementation of the plan, as well as the specific conditions for the achievement or elimination of relevant conditions, etc

The reduction plan is decided independently by the reduction subject according to its own capital needs. During the reduction period, the reduction subject will choose how to implement the reduction plan according to market conditions, stock prices of listed companies and other factors. The quantity and price of reduction are uncertain. This reduction plan will not have a significant impact on the corporate governance structure and sustainable operation. (II) whether the implementation of the share reduction plan will lead to the risk of change in the control of the listed company □ yes √ no (III) other risks

The reduction plan does not violate the relevant provisions of relevant laws, regulations, departmental rules and normative documents, such as the securities law, the Listing Rules of Shanghai Stock Exchange, several provisions on the reduction of shares by shareholders, directors, supervisors and senior managers of listed companies, the detailed rules for the implementation of the reduction of shares by shareholders, directors, supervisors and senior managers of listed companies on Shanghai Stock Exchange, or the relevant commitments of the reduction subject. During the period of reducing the company’s shares according to the above plan, the reducing subject will strictly abide by the requirements of relevant laws, regulations and rules, and timely fulfill the obligation of information disclosure.

It is hereby announced.

Zhejiang Sunoren Solar Technology Co.Ltd(603105) board of directors March 21, 2022

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