Shanghai Welltech Automation Co.Ltd(002058) : Announcement on the cancellation of delisting risk warning and suspension of trading in the company's stock trading

Securities code: Shanghai Welltech Automation Co.Ltd(002058) securities abbreviation: Shanghai Welltech Automation Co.Ltd(002058) Announcement No.: 2022022 Shanghai Welltech Automation Co.Ltd(002058)

Announcement on the cancellation of delisting risk warning and suspension of trading in the company's stock trading

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.

Special tips:

1. Shanghai Welltech Automation Co.Ltd(002058) (hereinafter referred to as "the company") shares will be suspended for one day on May 20, 2022 and resumed from the opening of the market on May 23, 2022.

2. Since the opening of the market on May 23, 2022, the company has revoked the delisting risk warning, the stock abbreviation has been changed from " Shanghai Welltech Automation Co.Ltd(002058) " to "weltai", the stock code is still " Shanghai Welltech Automation Co.Ltd(002058) ", and the daily rise and fall limit of the stock price has been changed from "5%" to "10%". 1、 Types, abbreviations, codes, fluctuation ranges and trading suspension and resumption arrangements of stocks

1. Stock type: RMB common stock a share;

2. Stock abbreviation: changed from " Shanghai Welltech Automation Co.Ltd(002058) " to "weltai";

3. Stock Code: Shanghai Welltech Automation Co.Ltd(002058) ;

4. Arrangement for suspension and resumption of trading of shares: the trading of shares will be suspended for one day on May 20, 2022 and resumed from the opening of the market on May 23, 2022;

5. Starting date of withdrawal of delisting risk warning: May 23, 2022;

6. Stock trading day limit: after the delisting risk warning is revoked, the stock trading day limit is changed from "5%" to "10%". 2、 Delisting risk warning of the company's shares

The company issued Shanghai Welltech Automation Co.Ltd(002058) 2020 annual report on April 7, 2021. The report shows that the company's net profit before and after deducting non recurring profits and losses in 2020 is negative, and the annual operating revenue is less than 100 million yuan. The above financial data touch the provisions of article 14.3.1 of the Listing Rules of Shenzhen Stock Exchange (revised in 2020) "(I) the audited net profit in the latest fiscal year is negative and the operating income is less than 100 million yuan, or the net profit in the latest fiscal year is negative and the operating income is less than 100 million yuan after retroactive restatement". Therefore, the company's stock trading is warned of delisting risk by Shenzhen Stock Exchange. The trading of the company's shares was suspended for one day on April 7, 2021. After the resumption of trading on April 8, 2021, the abbreviation of the company's shares was changed to " Shanghai Welltech Automation Co.Ltd(002058) ", and the stock code remained unchanged as " Shanghai Welltech Automation Co.Ltd(002058) ". 3、 Application for cancellation of delisting risk warning on the company's shares

Dahua Certified Public Accountants (special general partnership) issued a standard unqualified opinion on the company's 2021 financial and accounting report. The audit report shows that the net profit attributable to the shareholders of the listed company in 2021 is 1462 Beijing Zuojiang Technology Co.Ltd(300799) yuan, and the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is 710965290 yuan. At present, the delisting risk warning of the company's stock trading in the early stage does not exist. According to the relevant provisions of article 9.3.7 of the Listing Rules of Shenzhen Stock Exchange (revised 2022) (hereinafter referred to as the "Listing Rules"), the company's operation in 2021 does not have the relevant circumstances of article 9.3.11 of the listing rules, and the company does not have other circumstances requiring delisting risk warning specified in the listing rules. The company meets the conditions for canceling the delisting risk warning, Therefore, the company applied to Shenzhen Stock Exchange to cancel the delisting risk warning for the company's stock trading. 4、 Shenzhen Stock Exchange approved the company to revoke the delisting risk warning

The company's application for withdrawing the delisting risk warning has been reviewed and approved by Shenzhen Stock Exchange. According to the provisions of article 9.4.15 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), the trading of the company's shares will be suspended for one day on May 20, 2022, and the trading will be resumed from the opening of the market on May 23, 2022. The delisting risk warning will be revoked from the opening of the market on May 23, 2022. The short name of the stock will be changed from " Shanghai Welltech Automation Co.Ltd(002058) " to "weltai", the stock code of the company will remain unchanged, and the daily rise and fall limit of the stock will be changed from "5%" to "10%".

The designated information disclosure media of the company are securities times, Shanghai Securities News and cninfo( http://www.cn.info.com.cn. ), all information of the company is subject to the official announcement published in the above designated media. Investors are invited to invest rationally and pay attention to investment risks.

It is hereby announced.

Shanghai Welltech Automation Co.Ltd(002058)

Board of directors

May 19, 2002

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