Netposa Technologies Ltd(300367) : risk warning announcement on the possible delisting of the company’s shares

Securities code: Netposa Technologies Ltd(300367) abbreviation: Netposa Technologies Ltd(300367) Announcement No.: 2022024 Netposa Technologies Ltd(300367)

Risk warning announcement on the possible delisting of the company’s shares

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.

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Netposa Technologies Ltd(300367) (hereinafter referred to as “the company”) shares will be subject to “delisting risk warning” from April 8, 2022. If the audited financial data of the company in 2021 touch the relevant provisions of article 10.3.10 of Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), Shenzhen Stock Exchange will terminate the listing and trading of the company’s shares. Please pay attention to the investment risks. 1、 On the delisting risk warning of the company’s stock trading

1. On April 6, 2022, the company disclosed the announcement on correction and retroactive adjustment of previous accounting errors on cninfo.com (Announcement No.: 2022021). The net assets of the company belonging to shareholders of listed companies at the end of 2020 are retroactively restated to be negative. According to article 10.3.1 of the rules for listing shares on the gem of Shenzhen Stock Exchange (revised in December 2020), The company’s stock trading will be warned of delisting risk by Shenzhen Stock Exchange. On April 6, 2022, the company disclosed the announcement on the delisting risk warning and stock suspension of the company’s Stock Trading (Announcement No.: 2022023).

2. The trading of the company’s shares has been suspended for one day since the opening of the market on April 7, 2022 and resumed since the opening of the market on April 8, 2022.

3. Since April 8, 2022, the company’s shares will be subject to the special treatment of “delisting risk warning”. The stock abbreviation will be changed from “St NETFORCE” to ” ST NETFORCE”. The securities code will remain unchanged at Netposa Technologies Ltd(300367) , and the daily rise and fall limit of stock trading will remain unchanged at 20%. 2、 Risk warning that the company’s shares may be terminated from listing and trading

According to article 10.3.10 of the stock listing rules: “after a listed company is warned of delisting risk in its stock trading due to items 1 to 3 of paragraph 1 of article 10.3.1, if one of the following circumstances occurs in the first fiscal year, the exchange decides to terminate its stock listing Trading: (I) The audited net profit is negative and the operating income is less than 100 million yuan, or the net profit of the most recent fiscal year after retroactive restatement is negative and the operating income is less than 100 million yuan; (II) the audited ending net assets are negative, or the ending net assets of the latest fiscal year after retroactive restatement are negative; (III) the financial accounting report is issued with qualified opinions, unable to express opinions or negative opinions; (IV) failing to disclose the annual report guaranteed by more than half of the directors to be true, accurate and complete within the statutory time limit; (V) failed to apply to the bourse for cancellation of delisting risk warning within the specified time limit despite meeting the conditions specified in article 10.3.6; (VI) because the conditions specified in article 10.3.6 are not met, its application for withdrawal of delisting risk warning has not been approved “. In case of any of the above six situations in 2021, Shenzhen Stock Exchange will decide to terminate the listing and trading of the company’s shares.

The company disclosed the performance forecast of 2021 on January 28, 2022 (Announcement No.: 2022010). It is estimated that the net assets at the end of 2021 will be negative: – 130 million yuan to – 90 million yuan. Accordingly, there is a risk that the company’s shares will be terminated from listing and trading. 3、 Other instructions

1. The company has the risk of operating difficulties: at present, the company is facing serious difficulties such as a large number of accounts being frozen and sealed up, increasing litigation cases, a large number of personnel loss, a large number of debts being unable to be repaid when due, and the capital flow is very tight. At the same time, the company has been included in the “list of dishonest Executees”, the business contracts have decreased sharply, the operating revenue in the first quarter of 2022 is less than 10 million yuan, and the business development is difficult. At present, the company is very difficult to operate.

2. The information disclosure media designated by the company is http://www.cn.info.com.cn, All information of the company shall be subject to the information disclosed in the above media. Please pay attention to investment risks.

It is hereby announced.

Netposa Technologies Ltd(300367) board of directors April 7, 2022

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