Shenzhen Liantronics Co.Ltd(300269) : suggestive announcement on judicial disposal of some shares of the company held by controlling shareholders and persons acting in concert

Securities code: Shenzhen Liantronics Co.Ltd(300269) securities abbreviation: St LianJian Announcement No.: 2022036

Shenzhen Liantronics Co.Ltd(300269)

About some shares of the company held by controlling shareholders and persons acting in concert

Suggestive announcement of judicial disposal

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.

Special tips:

1. As of the disclosure date of this announcement, the controlling shareholder and persons acting in concert, Mr. Liu Hujun and Xiong Jinyu Nu Shihe

It holds 133457397 shares of the company, accounting for 24% of the total share capital of the company. The number of shares to be sold by the judiciary this time

A total of 83649380 shares, accounting for 15.04% of the total share capital of the company.

2. At present, the judicial sale is still in the publicity stage, and the result of the sale is uncertain, and the company will continue to

Pay attention to the progress of the matter, timely fulfill the obligation of information disclosure, and invite investors to pay attention to relevant risks.

Shenzhen Liantronics Co.Ltd(300269) (hereinafter referred to as “the company”) on March 8, 2022 and 2022 respectively

On April 20, 2014 and May 6, 2022, the company disclosed the “about the controlling shareholders and concerted action of the company” on cninfo.com

Suggestive announcement on the judicial auction of some shares of the company held by the bidder (Announcement No.: 2022006)

Announcement on the progress of judicial auction of some shares of the company held by the controlling shareholders and persons acting in concert of the company (part of the announcement)

No.: 2022017 / 2022032); Recently, the company learned through inquiry of online public information that the company’s holding shares

The total number of 83649380 shares of the company held by Dong and those acting in concert will be changed on Ali judicial auction platform

The details are as follows:

1、 Basic information about the judicial sale of the shares

Whether it is owned by the holding company

Of this auction

Number of shareholders or the number of shares of the first holding company in the total shares: the reason for the sale on the starting date and maturity date is that the major shareholders and their (shares) share ratio are the same

Examples of concerted action

Liu Hujun was 5454938052.58% 9.81% due to the overdue events of Shenzhen Shifu in June 2022 and August 2022. On June 5, the relevant creditors of Tianqu people’s court filed a judicial lawsuit with the court,

Court order enforcement

Due to the overdue matters of pledge financing in Shenzhen, Xiong Jinyu, the relevant creditor of Shifu, was 291 China Baoan Group Co.Ltd(000009) 7.96% 5.23% in June 2022. On June 5, Tian District filed a people’s judicial lawsuit with the court, Court order enforcement

2、 Other information and risk tips

1. As of the disclosure date of this announcement, the controlling shareholders and their persons acting in concert held shares of the company in total

133457397 shares, accounting for 24% of the total share capital of the company. The total number of shares to be publicly sold this time is 83649380

Shares, accounting for 15.04% of the total share capital of the company. If the judicial sale is successful, it may lead to the actual control of the company

The change will not affect the company’s production and operation and corporate governance.

2. In addition to the above judicial sale, the controlling shareholder of the company has the situation that other shares will be auctioned by judicial auction

On March 31, 2022, the company disclosed the part on controlling shareholders of the company on cninfo.com

Suggestive announcement that the shares will be auctioned by the judiciary (2022013); According to public information, the judicial auction

The sale was suspended due to the network technology problem of Alibaba judicial auction platform, and the intermediate people’s Court of Nanjing, Jiangsu Province will go to court

The judicial auction period of the said shares shall be changed from 10:00 on June 6, 2022 to 10:00 on June 7, 2022.

3. There is still some uncertainty in this judicial disposal. It is suggested that the intended purchaser should contact the holding company in advance

Shareholders reach a consensus, otherwise, rash action may bring greater uncertainty to the follow-up operation of the company. company

We will pay close attention to the follow-up progress of the matter and fulfill the obligation of information disclosure in time according to the progress.

4. The information disclosure media designated by the company are securities times, China Securities News and Shanghai Securities News

And cninfo (www.cn. Info. Com. CN.), All information of the company is disclosed in the above designated media

The information shall prevail. Please pay attention to the follow-up announcement and pay attention to the investment risk.

It is hereby announced.

Shenzhen Liantronics Co.Ltd(300269)

Board of directors

May 19, 2022

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