Hongbaoli Group Corporation Ltd(002165) : Announcement on the reduction of 1% of shares held by the largest shareholder

Securities code: Hongbaoli Group Corporation Ltd(002165) securities abbreviation: Hongbaoli Group Corporation Ltd(002165) Announcement No.: pro 2022026 Hongbaoli Group Corporation Ltd(002165) announcement on the reduction of 1% of the shares held by the largest shareholder Jiangsu Baoyuan Investment Management Co., Ltd. guarantees that the information provided to the company is true, accurate and complete without 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 Hongbaoli Group Corporation Ltd(002165) (hereinafter referred to as “the company”) disclosed the pre disclosure announcement on the reduction of the company’s shares by the largest shareholder (Announcement No.: pro 2021052) on October 23, 2021. The company’s largest shareholder Jiangsu Baoyuan Investment Management Co., Ltd. (hereinafter referred to as “Baoyuan investment”) plans to reduce the company’s shares by centralized bidding or block trading, with a total of no more than 11 million shares (including this number), Accounting for no more than 1.5% of the total share capital of the company. The reduction of shares of the company through centralized bidding at the stock exchange will be carried out within six months after 15 trading days from the date of announcement and disclosure, and the total number of shares reduced shall not exceed 1% of the total share capital of the company within any continuous 90 natural days; The reduction of shares through block trading will be carried out within six months after three trading days from the date of announcement disclosure, and the total number of shares reduced shall not exceed 1.5% of the total share capital of the company within any continuous 90 natural days. See securities times and cninfo.com.cn for details. The company received the notice of Baoyuan investment on April 22, 2022, and learned that Baoyuan investment reduced 5.09 million shares of the company through centralized bidding from December 8, 2021 to January 12, 2022; From April 21, 2022 to April 22, 2022, Baoyuan investment reduced 2.263 million shares of the company through block trading, with a total reduction of 7.353 million shares, up to 1% of the total share capital of the company. According to the requirements of relevant laws, regulations and normative documents, The specific information is hereby announced as follows: 1. The basic information disclosure obligor Jiangsu Baoyuan Investment Management Co., Ltd. is located at No. 132, business district, Gaochun export-oriented comprehensive agricultural development zone, Nanjing, Jiangsu Province. The change time of equity is December 8, 2021 – April 22, 2022. The stock abbreviation is Hongbaoli Group Corporation Ltd(002165) stock code Hongbaoli Group Corporation Ltd(002165) . The change type (multiple choices) increases □ decreases ■ are there persons acting in concert? None ■ whether it is the largest shareholder or actual controller yes ■ no □ 2. Changes in equity this time the number of shares (ten thousand shares) reduced by the type of shares (A shares, B shares, etc.) the proportion of reduction (%) 735.30 1 A shares in total 735.30 1 the way of equity change (multiple choices) is through the centralized trading of the stock exchange ■ through the block trading of the stock exchange ■ others □ (please specify) the source of funds for this increase in shares (multiple choice) self owned funds □ bank loans □ loans from other financial institutions □ shareholder investment funds □ others □ (please specify) not involving the source of funds □ 3. Before and after this change, Shares owned by investors and persons acting in concert in listed companies shares nature of shares held before the change number of shares held after the change number of shares held (10000 shares) in the proportion of total share capital (%) number of shares (10000 shares) in the proportion of total share capital (%) total shares held 1552055 21.111478525 20.11 including: shares with unlimited sales conditions 1552055 21.111478525 20.11 shares with limited sales conditions – 4. Commitment Whether this change is to fulfill the commitments, intentions and plans made? Yes ■ no □ the company disclosed the pre disclosure announcement on the reduction of the company’s shares by the largest shareholder (Announcement No.: pro 2021052) on October 23, 2021. As of the date of this announcement, the share reduction is consistent with the previous pre disclosed reduction plans and commitments 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 acquisition of listed companies, yes □ no ■ 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 ■ 6 Further explanation on the increase of shares held by more than 30% of shareholders (if applicable) whether the increase meets the exemption from tender offer stipulated in the administrative measures for the acquisition of listed companies is not applicable. The commitment of shareholders and their concerted actors not to reduce their shares within the legal period is not applicable. 7 Documents for future reference 1 Details of shareholding changes of China Securities Depository and Clearing Co., Ltd. ■ 2 Relevant written commitment documents □ 3 Written opinion of lawyer □ 4 Other documents required by Shenzhen Stock Exchange □ hereby announced Hongbaoli Group Corporation Ltd(002165) board of directors April 25, 2022