Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) : Announcement on unfreezing and newly frozen accounts of some raised funds

Securities code: 002684 securities abbreviation: * ST lion Announcement No.: 2022-006

Mengshi new energy technology (Henan) Co., Ltd

Announcement on unfreezing and newly frozen accounts of some raised funds

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without falsity

Records, misleading statements or material omissions.

Lion New Energy Technology (Henan) Co., Ltd. (hereinafter referred to as “company” or “lion technology”)

Recently, I learned that the company and its wholly-owned subsidiary Fujian Mengshi New Energy Technology Co., Ltd. (hereinafter referred to as “Fu”)

Some of the raised capital accounts of jianmeng lion have been unfrozen and newly frozen. The relevant information is as follows:

Below:

1、 Progress of the freezing of the company’s raised capital account

As of January 10, 2022, the previously frozen fund-raising account of Fujian lion has been unfrozen

The account information is as follows:

Account number and account balance of the account opening bank of the frozen company are frozen and unfrozen by the applicant (yuan) nature (yuan)

Lion new energy technology Bank Of Communications Co.Ltd(601328) 445 ******** Guangxi zhuoneng new energy department

(Henan) Shantou branch ******** 391.48 Technology Co., Ltd. freeze 4000000.00 Co., Ltd. Longhu sub branch 557

2、 Basic information about the freezing of newly added funds raised by Fujian lion

1. The basic information about the freezing of newly added funds in the raised capital account is as follows:

Account number and account balance of the account opening bank of the frozen company execution applicant freezing application freezing amount freezing (yuan) nature (yuan) reason

Fujian Mengshi new energy China Zheshang Bank Co.Ltd(601916) 584 ****** waiting for labor dispute Technology Co., Ltd. Shenzhen Branch ****** 163.62 Mao Qinghui freezing 101400.00 dispute negotiation business department * * * 428

2. The reasons for the freezing of the newly added funds raised account are as follows:

Mao Qinghui filed an arbitration with Longhua District Labor and personnel dispute arbitration commission of Shenzhen for labor remuneration disputes. After mediation by Longhua District Labor and personnel dispute arbitration commission of Shenzhen, both parties reached a mediation agreement. Now, due to Fujian lion’s failure to implement the arbitration mediation statement, the people’s Court of Longhua District, Shenzhen has frozen the fund-raising account opened by Fujian lion in the business department of China Zheshang Bank Co.Ltd(601916) Shenzhen Branch.

2、 Impact on the company caused by the freezing of newly added raised capital accounts and risk tips

1. The frozen funds in the raised funds account were originally intended to be used for Fujian lion “lithium ion battery production project, the core component of new energy vehicles”. The funds in the raised funds account were frozen, which had a certain impact on the normal construction of the project.

2. The company will repay the above debts as soon as possible and properly handle the matter to ensure the construction and production of the raised investment project. The information disclosure media designated by the company are securities times, China Securities News and cninfo (www.cn. Info. Com. CN), All information publicly disclosed by the company shall be subject to the announcement published in the above designated media. Please invest rationally and pay attention to investment risks.

It is hereby announced.

Board of directors of Lion New Energy Technology (Henan) Co., Ltd

January 12, 2002

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