Bestore Co.Ltd(603719) : announcement on receiving government subsidies

Securities code: Bestore Co.Ltd(603719) securities abbreviation: Bestore Co.Ltd(603719) Announcement No.: 2022021 Bestore Co.Ltd(603719)

Announcement on receiving government subsidies

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.

1、 Basic information of obtaining government subsidies

From January 1 to March 28, 2022, Bestore Co.Ltd(603719) (hereinafter referred to as “the company”) and its subsidiaries received a total of 4012505696 yuan of government subsidies (unaudited data), which are revenue related government subsidies. See Schedule 1 for details.

2、 Types of subsidies and their impact on Listed Companies

According to the relevant provisions of the accounting standards for Business Enterprises No. 16 – government subsidies, the government subsidy of 4012505696 yuan (data not audited) announced in this announcement is included in the current profit and loss. The specific accounting treatment and final impact on the company’s profit and loss shall be subject to the results confirmed by the accountant’s annual audit. Please pay attention to the investment risk.

It is hereby announced.

Bestore Co.Ltd(603719) board of directors March 29, 2022 Schedule 1:

No. document basis of subsidy amount (yuan) issued by the project receiving unit

1. Hubei Bestore Co.Ltd(603719) supply accrued in January 2022 can be deducted into 77832261 announcement of the State Administration of Taxation, the Ministry of finance, the State Administration of Taxation and the General Administration of Customs on deepening the reform of relevant policies on the tax increase of 10% deduction amount of value-added chain Technology Co., Ltd. (No. 39 of 2019)

Jiangsu Bestore Co.Ltd(603719) food Xingdian sub district office of Pukou District People’s Government of Nanjing

2. 25000000 minutes of meeting on economic support policies for the headquarters of Jiangsu Bestore Co.Ltd(603719) Food Co., Ltd. issued by Pukou Xingdian Street Economic Support Technology Development Co., Ltd

3. Hubei Bestore Co.Ltd(603719) supply accrued in February 2022 can be deducted into the announcement of the State Administration of Taxation 37023103 of the Ministry of finance, the State Administration of Taxation and the General Administration of Customs on deepening the reform of relevant policies on the tax increase of 10% deduction amount of value-added chain Technology Co., Ltd. (No. 39 of 2019)

Bestore Co.Ltd(603719) Co., Ltd. Bestore Co.Ltd(603719) headquarters building project supplement Wuhan airport economic and technological development Wuhan Municipal People’s Government Notice on printing and Distributing Several Opinions on supporting the construction and management of food and pharmaceutical industry in the capital area of enterprise development 4 company and the office of policies and measures to support industrial economic development (Wuzheng [2015] No. 35)

Bestore Co.Ltd(603719) Co., Ltd. 2021 headquarters enterprise reward supplement Wuhan Dongxihu District Development and reform Wuhan Municipal People’s government notice on printing and distributing the implementation measures for enterprise development (Trial) of 250000000 funds Reform Bureau of Wuhan Support Corporation 5 (wuzhenggui [2018] No. 38)

6 Ningbo Bestore Co.Ltd(603719) food industry development support fund Ningbo Meishan free trade port Finance Bureau 1783000000 bank receipt

Trading Co., Ltd.

7. Bank receipt of 171000000 from Ningbo Meishan free trade port Finance Bureau of Ningbo liangpin mutual entertainment network industry development support fund

Technology Co., Ltd

8 Hunan Bestore Co.Ltd(603719) food 2021 reward and support Changsha high tech Industrial Development Zone 17390000 bank receipt

Yuan Longping High-Tech Agriculture Co.Ltd(000998) Technology Park Management Committee of Co., Ltd

39 government subsidies with a single amount of less than 100000 yuan, totaling 51260332 bank receipts and the announcement of the Ministry of finance, the State Administration of Taxation and the General Administration of Customs on policies related to deepening the reform of value-added tax (2019)

No. document basis of subsidy amount (yuan) issued by the project receiving unit

(No. 39 of)

Total 4012505696/

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