Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) : simplified equity change report (Liu Xinlin)

Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500)

Short form equity change report

Name of listed company: Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) stock listing place: Shanghai Stock Exchange Stock abbreviation: Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) Stock Code: Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) information disclosure obligor: Liu Xinlin mailing address: building 92, Nandu garden, Xihu District, Hangzhou, Zhejiang Province nature of share change: share increase (negotiated transfer)

Date of signature: March 21, 2022

Statement of information disclosure obligor

1、 The information disclosure obligor shall, in accordance with the company law of the people's Republic of China (hereinafter referred to as the "company law"), the securities law of the people's Republic of China (hereinafter referred to as the "Securities Law") and the administrative measures for the acquisition of listed companies (hereinafter referred to as the "acquisition measures") Standards for the contents and forms of information disclosure by public securities companies No. 15 - Report on changes in equity (hereinafter referred to as "Standards No. 15") and relevant laws and regulations prepare this report. 2、 The information disclosure obligor has obtained necessary authorization and approval for signing this report, and its performance does not violate or conflict with any provision in the articles of association or internal rules of the information disclosure obligor.

3、 In accordance with the provisions of the securities law and the acquisition measures, this report has fully disclosed the changes in shares in which the information disclosure obligor has an interest in Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) (hereinafter referred to as " Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) "). As of the date of signing this report, the person who owns the shares has no obligation to increase or decrease the information in the above-mentioned report.

4、 This equity change is based on the information stated in this report. The information disclosure obligor has not entrusted or authorized any other person to provide information not listed in this report and make any explanation or explanation to this report.

5、 The information disclosure obligor promises that there are no false records, misleading statements or major omissions in this report, and will bear individual and joint legal liabilities for its authenticity, accuracy and completeness.

catalogue

The disclosure obligor declares that 2 interpretation Section 1 Introduction to information disclosure obligors Section II purpose of equity change Section III equity change method Section IV trading of listed shares in the first six months Section V other major matters Section VI declaration of information disclosure obligor Section 7 documents for future reference fifteen

interpretation

In this report, unless otherwise specified, the following words have the following meanings:

The company, the company and Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) refer to Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500)

The Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) report and this report refer to

Simplified equity change report

Information disclosure obligor, transferee and Party B refer to Liu Xinlin

Tang Youqian, Tang qiujuan, Tang Jiao, Tiantai Xianghe, transferor and Party A refer to

Investment Center (limited partnership)

CSRC refers to the China Securities Regulatory Commission

Shanghai stock exchange refers to Shanghai Stock Exchange

Company Law refers to the company law of the people's Republic of China

Securities Law refers to the securities law of the people's Republic of China

The acquisition Measures refer to the administrative measures for the acquisition of listed companies

The content and format of information disclosure by public securities companies refer to Standard No. 15 - Report on changes in equity

Yuan and 10000 yuan refer to RMB yuan and 10000 yuan

Section I Introduction to information disclosure obligors

1、 Basic information of information disclosure obligor

Name: Liu Xinlin

Gender: Male

Nationality: China, without permanent residency abroad

ID number: 332527

Mailing address: building 92, Nandu garden, Xihu District, Hangzhou, Zhejiang

2、 Information disclosure obligor's equity shares in other domestic and overseas listed companies reach or exceed 5% of the issued shares of the company

As of the signing date of this report, the information disclosure obligor has no shares with interests in other domestic and overseas listed companies that reach or exceed 5% of the issued shares of the company.

Section 2 purpose of equity change

1、 Purpose of this equity change

This equity change is that the information disclosure obligor recognizes the investment value of the company, is optimistic about the development prospect of the company and is full of confidence in the future of the company.

2、 Shareholding plan of information disclosure obligor in the next 12 months

As of the signing date of this report, the information disclosure obligor has plans to increase or reduce its interests in Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) in the next 12 months. In case of subsequent changes in relevant interests, the information disclosure obligor will timely perform the information disclosure obligations in strict accordance with the provisions of relevant laws and regulations.

Section III changes in equity

1、 Shareholding

Before this equity change, the information disclosure obligor did not hold shares of the listed company. After this equity change, the information disclosure obligor holds 12295501 Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) shares, accounting for 5.0074% of the total share capital of the company. Shareholding of information disclosure obligor before and after this equity change:

Before and after the current equity change of shareholders

Name number of shares (shares) shareholding ratio (%) number of shares (shares) shareholding ratio (%)

Liu Xinlin 0 0122955015.0074

Note: 1. If there is any difference in the mantissa between the sum of some total figures and each detailed figure in this table, it is caused by the rounding of the percentage result.

2. The shares transferred this time are non tradable shares.

2、 Details of this equity change

In March 2022, the information disclosure obligor signed the share transfer agreement with Tang Youqian, Tang qiujuan, Tang Jiao and Tiantai Xianghe Investment Center (limited partnership), and increased 12295501 shares of the company with its own funds through agreement transfer, accounting for 5.0074% of the total share capital. After the transfer of the subject shares is completed, the shareholding ratio of the information disclosure obligor is changed from 0% to 5.0074%.

3、 Main contents of agreements related to this equity change

Party A: transferor

Party A 1: Tang Youqian

Party A 2: Tang qiujuan

Party A 3: Tang Jiao

Party a 4: Tiantai Xianghe Investment Center (limited partnership)

Party B: transferee

Party B: Liu Xinlin

Party A 1 intends to transfer Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) [488976] shares of unlimited circulation and all rights and interests derived therefrom to Party B in accordance with the terms and conditions agreed in this Agreement; Party A 2 intends to transfer its Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) [4801355] non tradable shares and all derived interests to Party B in accordance with the terms and conditions agreed in this Agreement; Party A 3 intends to transfer its Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) [5386656] non tradable shares and all rights and interests derived therefrom to Party B in accordance with the terms and conditions agreed in this Agreement; Party a 4 intends to transfer Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) [1618514] shares of unlimited circulation and all rights and interests derived therefrom to Party B in accordance with the terms and conditions agreed in this Agreement; Party A 1, Party A 2, Party A 3 and party a 4 jointly transfer [12295501] shares of the listed company held by them and all derivative interests to Party B, accounting for [5.0074] (hereinafter referred to as "the subject shares") of the total share capital of the listed company, to Party B. Party B intends to transfer the subject shares in accordance with the terms and conditions agreed in this agreement.

(I) transfer object and payment

1. Party A 1 transfers its [488976] shares of the listed company and its subsidiary rights to Party B; The transfer price is RMB [8.50] per share, and the total transfer price is RMB [four million one hundred and fifty-six thousand two hundred and ninety-six] (RMB [4156296]).

2. Party A 2 transfers its [4801355] shares of the listed company and its subsidiary rights to Party B; The transfer price is RMB [8.50] per share, and the total transfer price is RMB (in words) [forty million eight hundred and eleven thousand five hundred and seventeen yuan and fifty cents] (RMB [408151750]).

3. Party A 3 transfers its [5386656] shares of the listed company and its subsidiary rights to Party B; The transfer price is RMB [8.50] per share, and the total transfer price is RMB (in words) [forty-five million seven hundred and eighty-six thousand five hundred and seventy-six yuan] (RMB [4578657600]).

4. Party a 4 transfers its [1618514] shares of the listed company and its subsidiary rights to Party B; The transfer price is RMB [8.50] per share, and the total transfer price is RMB [thirteen million seven hundred and fifty-seven thousand three hundred and sixty-nine] (RMB [1375736900]).

5. Party B shall pay 10% of the share transfer price to Party A within five working days from the date of signing this agreement, 10% of the share transfer price to Party A within five working days from the date of obtaining the confirmation letter of the exchange on the share transfer, and 80% of the share transfer price to Party A within 30 days after the completion of the transfer registration procedures of the subject share agreement.

(II) share delivery

1. After this agreement takes effect, Party A and Party B shall submit an application for confirmation of the compliance of the subject share transfer to Shanghai Stock Exchange.

2. After the confirmation document of Shanghai Stock Exchange is obtained for this agreement transfer, Party A and Party B apply to China Securities Depository and Clearing Co., Ltd. Shanghai Branch for share transfer registration.

(III) tax bearing

The taxes arising from the transfer of this Agreement shall be borne by the obligatory subjects specified in laws, regulations or normative documents.

(IV) representations, warranties and commitments of Party A

1. Party A has the full right to dispose of the subject shares in accordance with the terms and conditions specified in this agreement, and has obtained the necessary approval or authorization for the disposal of the subject shares. If pledge or other rights restrictions are set on the subject shares, they shall be lifted before the transfer.

2. Party A's signing of this Agreement and the completion of the transactions under this Agreement shall not violate any agreement or other binding documents entered into between Party A and any third party.

3. Party A shall handle the transfer procedures of the subject shares in accordance with the agreement.

(V) representations, warranties and commitments of Party B

1. Party B guarantees that the funds used to pay the share transfer payment are legal and effective, and its conclusion and performance of this agreement will not violate any applicable laws and regulations, any agreement or other binding documents signed with any third party.

2. Party B will timely and fully pay the share transfer payment to Party A in accordance with the provisions of this agreement.

3. Party B shall handle the transfer procedures of the subject shares in accordance with the agreement.

(VI) arrangements during the transition period

1. The transition period is from the date of signing this agreement to the registration of the transfer of the subject shares. During the transition period, if any party to the agreement has any situation that may have a significant impact on the share transfer, it shall timely notify the other party in writing. The above significant impact includes but is not limited to: litigation, arbitration, specific administrative acts or other legal acts that have a significant impact on the share transfer; Investigations, approvals and instructions of regulatory authorities.

2. During the transition period, Party A shall perform the responsibilities and obligations of shareholders stipulated in Chinese laws and regulations, Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) articles of association and Zhejiang Tiantai Xianghe Industrial Co.Ltd(603500) other internal rules and regulations.

(VII) dispute resolution and liability for breach of contract

1. All disputes arising out of or in connection with this Agreement shall be settled amicably through the best efforts of the parties; If no settlement can be reached through negotiation, both parties agree to submit it to Shanghai Arbitration Commission for arbitration in accordance with its then effective arbitration rules.

2. If any party to this agreement fails to perform its obligations or commitments under this agreement, or any statement, statement or guarantee made by any party to this agreement is fraudulent or false, that party constitutes a breach of contract, and the observant party has the right to choose to continue to perform or require the breaching party to compensate for the losses.

(VIII) effectiveness of this Agreement

1. This Agreement shall come into force on the date when it is signed by all parties.

2. Change and cancellation

(1) Both parties can change, terminate this agreement or make supplementary agreement through consultation, but it shall be in writing. Before the change or supplementary agreement takes effect, it shall still be implemented in accordance with this agreement.

(2) Unless otherwise agreed in this agreement, if this agreement cannot be performed or is no longer necessary due to the breach of contract by either party, the observant party has the right to terminate this Agreement and require the breaching party to compensate.

(3) The waiver of any rights under this agreement by both parties shall be effective only if it is made in writing. The failure or delay of both parties in exercising their rights under this Agreement shall not be deemed as a waiver of such rights; Any single or partial exercise of a right shall not be deemed as a waiver of other rights or all rights of the right.

3. Without the written consent of the other party, either party

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