Shanghai Environment Group Co.Ltd(601200) : Shanghai Environment Group Co.Ltd(601200) about the continuous risk assessment report of Shanghai Urban Investment Group Finance Co., Ltd. Shanghai Environment Group Co.Ltd(601200) (hereinafter referred to as “the company”) in order to effectively carry out risk control according to the requirements of self regulatory guidelines for listed companies on Shanghai Stock Exchange No. 5 – transactions and connected transactions, The annual risk assessment of Shanghai Urban Investment Group Finance Co., Ltd. (hereinafter referred to as “urban investment finance company” or “finance company”) is hereby conducted. The company has assessed the operating qualification, business and risk status of the financial company by checking the financial license, business license of enterprise legal person and other certificates of the financial company, and consulting the balance sheet, statement of changes in owner’s equity, profit statement and cash flow statement of the financial company on December 31, 2021. Now the relevant risk assessment is reported as follows: