Genew Technologies Co.Ltd(688418) : Announcement on obtaining government subsidies

Securities code: Genew Technologies Co.Ltd(688418) securities abbreviation: Genew Technologies Co.Ltd(688418) Announcement No.: 2022030 Genew Technologies Co.Ltd(688418)

Announcement on obtaining 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 the announcement, and bear legal responsibility for the authenticity, accuracy and integrity of the contents according to law.

1、 Basic information of obtaining government subsidies

Genew Technologies Co.Ltd(688418) (hereinafter referred to as ” Genew Technologies Co.Ltd(688418) ” or “the company”) and its wholly-owned subsidiary Shenzhen Zhenyou Software Technology Co., Ltd. (hereinafter referred to as “Zhenyou software”), its holding subsidiary Beijing hejiexun Technology Co., Ltd. (hereinafter referred to as “Beijing hejiexun”) and its other subsidiaries have received a total government subsidy of RMB 9502800 from December 25, 2021 to April 2, 2022, All are government subsidies related to income. The details are as follows (for a single transaction of less than 100000 yuan, it shall be incorporated into “other”):

Sequence collection amount and assets/

Related unit project (10000 yuan) income based on Document Issuing subject No

Notice on Further Strengthening the management of handling charges of tax collection related to the return of 12.02 science and technology individual income tax on behalf of the state tax (Finance Bureau)

(bank [2019] No. 11)

Shenzhen Science and technology innovation Commission

2. Notice on the first batch of enterprises to be funded and the second batch of enterprises reviewed by the Innovation Committee in 2022

Zhenyou science, technology and income notice on Issuing the relevant notice on the science and technology program funded project 150.00 of Shenzhen Science and technology 3 science and technology funded project ( Shenzhen Kaifa Technology Co.Ltd(000021) chuangjizi Innovation Committee [2022] No. 12401)

Notice of the State Administration of Taxation on the VAT policy related to the collection and refund of 25.03 for software products in Shenzhen Nanshan 4 software (Cai Shui Qu Shui Ju [2011] No. 100)

5. There is a value-added tax of 640.87 yuan and income. Notice of the State Administration of Taxation on the relevant value-added tax policies for the collection and refund of software products Shenzhen Nanshan software (Finance and taxation district tax bureau)

[2011] No. 100)

Notice of the State Administration of Taxation on the VAT policy related to the collection and refund of 33.03 for software products Shenzhen Nanshan 6 software (Cai Shui Qu Shui Ju [2011] No. 100)

Beijing value-added tax and income notice of the State Administration of Taxation on the relevant value-added tax policies of the State Administration of Taxation on software products 7 and quick collection and immediate refund 11.15 (Finance and Taxation Bureau)

[2011] No. 100)

Beijing value added tax refers to the income. Notice of the State Administration of Taxation on the value added tax policies related to the national total tax 8 and quick collection and immediate refund of 16.78 for software products (Finance and Taxation Bureau)

[2011] No. 100)

9 other 11.40 and income —

relevant

Total 950.28 and revenue —

relevant

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 company recognizes the above matters and divides the types of subsidies. The above-mentioned government subsidies have not been audited. The specific accounting treatment and the impact on the company’s profit and loss in 2021 and 2022 are finally subject to the results confirmed by the annual audit of the audit institution.

Please pay attention to investment risks.

It is hereby announced.

Genew Technologies Co.Ltd(688418) board of directors April 6, 2022

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