Shenzhen Changfang Group Co.Ltd(300301) : Announcement on the reduction of more than 1% of the shares held by the concerted action of shareholders holding more than 5%

Securities code: Shenzhen Changfang Group Co.Ltd(300301) securities abbreviation: Shenzhen Changfang Group Co.Ltd(300301) Announcement No.: 2022013 Shenzhen Changfang Group Co.Ltd(300301) announcement on the reduction of more than 1% of the shares held by the concerted action of shareholders holding more than 5% Shenzhen Changfang Group Co.Ltd(300301) (hereinafter referred to as “the company” or “the company”) recently received the notification letter on the reduction of more than 1% of the shares held by the company’s shareholders Li dichu and his concerted action of Li Xichu, Li Yinghong, Nie Wei and Nie Xianghong, From July 29, 2021 to April 22, 2022, Li di Chuyi reduced a total of 8328645 million shares of the company, exceeding 1% of the total share capital of the company. The details are as follows: 1 Share reduction on April 22, 2022 shareholder name share reduction method during the reduction period, the average price of share reduction (10000 shares) share reduction proportion Nie Wei’s centralized bidding transaction 2022.4.22 2.51 255145 0.03% Li Yinghong’s centralized bidding transaction 2022.4.22 2.47 781.85 0.99% total – 8073645 1.02% 2. The reduction of more than 1% of the company’s shares from July 29, 2021 to April 22, 2022 1 The basic information disclosure obligors Li dichu, Nie Wei, Li Xichu, Nie Xianghong and Li Yinghong are domiciled in China Merchants Lanyuan, No. 1, Guanlan Dahe Road, Longhua New District, Shenzhen, Guangdong Province, China Aviation Gelan sunshine garden, Guanlan Dahe Road, Longhua New District, Shenzhen, Guangdong Province, China Merchants Lanyuan, No. 1, Guanlan Dahe Road, Longhua New District, Shenzhen, Guangdong Province, Leping office, Louxing District, Loudi City, Hunan Province Change time of equity in Zhonghang Gelan sunshine garden, Dahe Road, Guanlan, Bao’an District, Shenzhen, Guangdong Province April 22, 2022 stock abbreviation Shenzhen Changfang Group Co.Ltd(300301) stock code Shenzhen Changfang Group Co.Ltd(300301) change type (multiple choices) increase □ decrease √ persons acting in concert yes □ no √ whether they are the largest shareholder or actual controller yes □ no √ shareholder Li dichu and his persons acting in concert guarantee that the information provided to the company is true, accurate and complete, There are no false records, misleading statements or major omissions. The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor. 2. Changes in equity this time the number of shares reduced by share type (10000 shares) the reduction proportion of A-Shares is 8328645 1.05% the way of equity change this time (multiple choices are allowed) Centralized trading through stock exchanges √ agreement transfer □ block trading through stock exchanges □ indirect transfer □ administrative transfer or change of state-owned shares □ execution of court ruling □ acquisition of new shares issued by listed companies □ inheritance □ gift □ transfer of voting rights □ others □ (please specify) 3 Before and after this change, Shares of listed companies owned by Li dichu and the persons acting in concert the nature of the shares held by the persons acting in concert before this change the proportion of shares (10000 shares) held after this change in the total share capital (%) the proportion of shares (10000 shares) in the total share capital (%) Li dichu holds 41949552 5.3141949552 5.31 shares in total, of which: 41949552 5.3141949552 5.31 shares with limited sales conditions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 04. Performance of commitments, plans, etc. whether this change is to fulfill the commitments, intentions and plans made yes √ no □ the company was on the gem information disclosure website designated by the CSRC on June 3, 2021（ http://www.cn.info.com.cn. ）Disclosed the announcement on the pre disclosure of the share reduction plan of shareholders holding more than 5% and their persons acting in concert (Announcement No.: 2021051), and the shareholders holding more than 5% and their persons acting in concert Nie Wei, Li Yinghong, Li Xichu Nie Xianghong plans to reduce the total shares of the company by means of centralized bidding transaction and block transaction from June 25, 2021 to December 24, 2021 by no more than 47406526 shares (accounting for 6% of the total share capital of the company). Li Xichu and Nie Xianghong, who acted in concert with Li dichu, have reduced 255000 shares of the company, accounting for 0.03% of the total share capital of the company. The company was listed on the gem information disclosure website designated by the CSRC on December 29, 2021（ http://www.cn.info.com.cn. ）The announcement on the pre disclosure of the share reduction plan of shareholders holding more than 5% and their persons acting in concert (Announcement No.: 2021107) was disclosed. Li dichu, a shareholder holding more than 5% and his persons acting in concert, Nie Wei From January 20, 2022 to July 19, 2022, Li Yinghong plans to reduce the total holdings of the company’s shares by means of centralized bidding transaction and block transaction by no more than 47406526 shares (accounting for 6% of the total share capital of the company). Nie Wei and Li Yinghong, who acted in concert with Li dichu, have cumulatively reduced 807364500 shares of the company during the period of the reduction plan, accounting for 1.02% of the total share capital of the company. Whether this change violates the provisions of laws, administrative regulations, departmental rules, normative documents and the business rules of the exchange, such as the securities law, the measures for the administration of the purchase of listed companies, etc. √ no □ Nie Wei and Li Yinghong violated Article 4 of the detailed rules for the reduction of shares by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen stock exchange during the implementation of this reduction plan, If the reduction of major shareholders or specific shareholders adopts the method of centralized bidding transaction, the total number of shares reduced shall not exceed 1% of the total number of shares of the company within any continuous 90 natural days. Nie Wei and Li Yinghong reduced 807364500 shares of the company through centralized bidding on April 22, 2022, accounting for 1.02% of the total share capital of the company and more than 1% of the total share capital of the company. 5. Shares with restricted voting rights according to Article 63 of the securities law, whether there are shares that cannot exercise voting rights yes □ no √ if so, please explain the proportion of the corresponding number of shares in the capital stock of the existing listed company. 6. Documents for future reference 1. Notification letter on reducing the company’s shares by more than 1% jointly issued by Li dichu, Nie Wei, Li Yinghong, Li Xichu and Nie Xianghong. It is hereby announced Shenzhen Changfang Group Co.Ltd(300301) board of directors April 24, 2022