Lvjing Holding Co.Ltd(000502) : Announcement on signing daily operation contract

Lvjing Holding Co.Ltd(000502)

Announcement on signing daily operation contract

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.

Special tips:

1. The total amount of the contract signed this time is large, and there may be a risk that the contract cannot be performed normally or cannot be received on time and in full. During the execution of the contract, there may also be risks caused by factors such as technology, market, price, laws and policies, performance ability and so on. Please pay attention to investment risks.

1、 Contract signing overview

Recently, Shenzhen Hongyi Construction Engineering Co., Ltd. (hereinafter referred to as “Shenzhen Hongyi”), a wholly-owned subsidiary of Lvjing Holding Co.Ltd(000502) (hereinafter referred to as “the company”), and Taiji Computer Corporation Limited(002368) (hereinafter referred to as “Taiji Computer”) signed a number of daily operation contracts, with a total contract amount of 7586991461 yuan, accounting for 514.72% of the audited operating revenue of the company in the latest fiscal year.

The contracts signed this time are all daily business contracts, which do not need to be submitted to the board of directors or the general meeting of shareholders for approval. Taiji Computer has no relationship with the company.

2、 Introduction to counterparty

Name: Taiji Computer Corporation Limited(002368)

Legal representative: Xiao Yi

Registered capital: 579642346 yuan

Registered address: 211 Beisihuan Middle Road, Haidian District, Beijing

Main business: development, design, manufacturing, sales and maintenance of electronic computers and external equipment, integrated circuits, software and communication equipment technology; Undertake computer network and application engineering; Design, technical consultation and installation of information system integration, electronic system engineering and building intelligence engineering; Professional contracting; Design and installation of safety protection works; Provide information system planning, design, evaluation and consultation; Self operated and acting as an agent for the import and export of various commodities and technologies, except for the import and export commodities and technologies limited or prohibited by the state; estate management; Public parking service for motor vehicles; Medical software development; Sales of class II medical devices; Power supply; Operating telecommunication business; Internet information services. (market entities shall independently choose business items and carry out business activities according to law; power supply, telecom business, Internet information services and projects subject to approval according to law shall carry out business activities according to the approved contents after being approved by relevant departments; they shall not engage in business activities of projects prohibited and restricted by national and municipal industrial policies.)

Taiji Computer is a listed company in Shenzhen Stock Exchange (Stock Code: Taiji Computer Corporation Limited(002368) . SZ). It is an innovation pilot demonstration unit of the Ministry of science and technology and Beijing Centergate Technologies (Holding) Co.Ltd(000931) science and technology park. It has been recognized as a key software enterprise in the national planning layout and the top 100 enterprises in the national software industry for many consecutive years. It has good reputation and good performance ability. Taiji Computer has no relationship with the company and other relationships that may or have caused the listed company to tilt its interests.

3、 Main contents of the contract

Employer (Party A): Taiji Computer Corporation Limited(002368)

Contractor (Party B): Shenzhen Hongyi Construction Engineering Co., Ltd

Signing place: Chaoyang District, Beijing

Article 1 contract duration, amount, subject matter and signing time

No. contract target duration note contract amount signature

(yuan) time

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

1 power distribution supporting works of the project – chaifa construction 1 – 9211501562022.3.222022.7.31

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

2 power distribution supporting works of the project – chaifa construction 2 – 8807125292022.3.222022.7.31

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

3. Power distribution supporting works of the project – chaifa construction 3 – 7487660752022.3.222022.7.31

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

4 power distribution supporting works of the project – chaifa construction 4 – 9293868562022.3.222022.7.31

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

5 power distribution supporting works of the project – chaifa construction 5 – 8635848792022.3.222022.7.31

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

6. Power distribution supporting works of the project – Construction of medium voltage cabinet and DC panel – 6244044322022.3.222022.7.31

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

7 power distribution supporting works of the project – Construction of low voltage cabinet 1 – 9670241672022.3.222022.7.31

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

8 project power distribution supporting works – Construction of low voltage cabinet 2 – 8792511952022.3.222022.7.31

Guangzhou urban investment Huazhang artificial intelligence big data Innovation Center April 15, 2022

9 project power distribution supporting works – Construction of low voltage cabinet 3 – 7727111722022.3.222022.7.31

Note: the planned commencement date of the above project is April 15, 2022, and the planned completion date is July 31, 2022 (subject to the commencement order of Party A).

The total construction period is 108 calendar days.

Project contracting mode: the project is contracted according to the mode of contracting labor, materials, quality and civilized construction.

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Article 7 payment method and settlement

7.1 project payment and equipment payment

1. Advance payment: Party A shall pay 10% of the total contract price to Party B within 10 days from the effective date of this contract, and Party A shall pay the advance payment in the form of commercial acceptance bill with a term of 6 months.

2. Progress payment: within 3 working days after the equipment arrives at the site and passes the acceptance by Party A and both parties sign the equipment acceptance certificate, Party A shall pay 25% of the equipment payment to Party B, and Party A shall pay the progress payment in the form of bank acceptance bill with a term of 6 months. 3. Acceptance payment: after the completion acceptance of the project, Party B shall submit the project completion settlement data to Party A. Party A shall complete the approval and confirmation within 7 days from the date of receiving the project completion settlement data from Party B (hereinafter referred to as the approval period) and complete the project settlement procedures with Party B; If Party A fails to review and confirm within the time limit, it shall be deemed that Party A recognizes the total contract price settlement amount submitted by Party B, and both parties complete the project settlement procedures on the expiration of the review period.

Party A shall pay 100% of the project payment settlement amount within 30 days from the date when both parties complete the project payment settlement procedures, and Party A shall pay 100% of the equipment payment settlement amount to Party B within 30 days from the date when Party A and Party B complete the equipment payment settlement procedures.

4. The settlement list (quantities, unit prices and list items) shall come into force after being confirmed by Party A.

5. Before paying the acceptance payment to Party B according to the amount agreed in this agreement, Party A shall receive a valid invoice equivalent to the settlement amount of the total contract price provided by Party B.

6. In case of the following bad performance, Party A has the right to stop paying the progress payment of the project, and Party A’s on-site project manager has the right to impose a fine of less than 10000 yuan on Party B until the bad performance is eliminated. If the project construction is seriously affected or remedial measures are not taken after being urged by Party A, Party A has the right to terminate the contract:

(1) The materials and equipment provided by Party B fail to pass the inspection;

(2) Party B fails to meet the requirements of civilized construction and safe construction during construction;

(3) Party B fails to perform the contract in accordance with the terms of the contract;

(4) Party B stops work for no reason;

(5) Party B deliberately refuses or delays the implementation of Party A’s instructions on the work related to the contracted content of Party B.

Article 9 responsibilities of both parties

Responsibilities of Party A

(1) Party A is responsible for providing effective construction drawings and on-site technical coordination.

(2) Party A has the right to put forward rectification suggestions for Party B’s construction not in accordance with the drawings and specifications, and require Party B to rework within a time limit.

(3) Party A is responsible for the overall progress coordination and cooperation of the owner.

(4) Provide the format of the construction documents of the project and cooperate with Party B to complete the documents of the construction part.

9.2 responsibilities of Party B

(1) Keep the secrets of system design and construction.

(2) If the contract involves software development or hardware debugging, Party B, as the software developer or hardware debugging party, shall bear the responsibility for information and data security before the project is delivered to the owner. In case of network security problems caused by Party B during installation and commissioning before acceptance and delivery, Party B shall timely solve and recover the data, and bear the compensation liability for relevant economic losses of Party A and the owner. (3) According to the requirements of the contract, provide the same standard on time according to the specified brand, specification and quantity. In the contract between Party A and the owner, Party B must comply with the construction period, quality, safety and other requirements within the scope of the project.

(4) Be responsible for construction, acceptance and warranty, and manage, organize and coordinate the construction progress and quality of the project.

(5) Party B shall be responsible for the intermediate acceptance and concealed works acceptance within the construction scope of Party B, and cooperate with Party A for the overall project acceptance.

(6) The project manager appointed by Party B shall not be replaced at will. If it is necessary to replace the project manager, Party B shall notify Party A in writing at least 7 days in advance and can replace it only with the consent of Party A. The successor shall continue to exercise the functions and powers of the predecessor agreed in the contract documents and perform the obligations of the predecessor.

(7) Party B’s on-site construction personnel shall carefully abide by the rules and regulations of the construction site and obey the on-site management of the general contractor. Party B must require the labor subcontractor to handle insurance for the construction workers and pay labor remuneration on time. Otherwise, Party A can temporarily withhold the project payment according to the actual amount of insurance premium.

(8) Do a good job in the finished products and environmental protection of the construction site, and do not damage the original facilities of the building, underground pipelines around the construction site and adjacent buildings, or compensate according to the price.

(9) Cooperate with Party A in the preparation and sorting of engineering data and documents within the scope of the project, and cooperate with on-site inspection, testing and acceptance.

(10) If Party B’s employees surround the construction site, the owner and Party A’s office or public places, in addition to compensating Party A and the owner for the direct losses, Party B shall pay Party A a a liquidated damages of 50000 yuan each time. If the circumstances are serious, Party A has the right to terminate this contract.

Article 10 liability for breach of contract

10.1 responsibility of Party B: if Party B fails to complete the construction according to the agreed progress node, fails to complete the construction on schedule or fails to meet the acceptance standard, it shall pay 0.3 ‰ of the contract price to Party A as liquidated damages for each overdue day, and Party B shall bear the rework cost; If it is overdue for more than 30 days, Party B shall pay 5% of the contract price to Party A as liquidated damages, and Party A has the right to terminate the contract.

If Party B fails to meet the quality objectives or provide warranty services, Party B shall pay liquidated damages to Party A at 5% of the contract amount, and shall rework unconditionally and achieve the quality and construction period objectives at its own expense; Party A may also choose to complete the above work by itself or entrust a third party, and Party B shall pay liquidated damages to Party A at 120% of the expenses incurred by Party A.

10.2 responsibility of Party A: if Party A delays in payment, Party A shall pay 0.3 ‰ of the overdue payment amount to Party B as liquidated damages for each overdue day, up to 5% of the overdue payment amount.

10.3 Party B shall perform its obligations in strict accordance with the contract and the requirements of the owner. If the owner or a third party claims against Party A due to Party B, all losses and economic liabilities arising therefrom shall be borne by Party B.

Article 12 effectiveness of the contract and others

12.1 this contract shall come into force immediately after being signed and sealed by Party A and Party B. After the contract takes effect, neither Party A nor Party B shall change or terminate the contract at will. If one party needs to change the contract, both parties shall sign a supplementary agreement to confirm the change. The supplementary agreement shall come into force after being stamped with the official seals or contract seals of both parties. If both parties fail to sign a supplementary agreement on the change, the party proposing the change shall continue to perform in accordance with the contract, otherwise it shall be deemed as a breach of contract.

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4、 The impact of contracts on Listed Companies

This contract will have a positive impact on the company’s upstream and downstream expansion in the IDC field

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