Shenzhen Esun Display Co.Ltd(002751) : Announcement on the progress of judicial freezing of shares held by controlling shareholders

Securities code: 002751 securities abbreviation: Shenzhen Esun Display Co.Ltd(002751) Announcement No.: 2022-008 Shenzhen Esun Display Co.Ltd(002751)

Announcement on the progress of judicial freezing of shares held by controlling shareholders

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

1、 Progress of this share freeze

Shenzhen Esun Display Co.Ltd(002751) (hereinafter referred to as "the company") disclosed the announcement on judicial freezing of shares held by controlling shareholders (Announcement No.: 2022-004) on January 14, 2022. 32250268 shares held by Mr. Liu Menglong, the controlling shareholder of the company, were frozen on January 11, 2022. Up to now, the company and the controlling shareholders have not received legal documents or supporting documents related to the above matters. Mr. Liu Menglong is actively striving for an early and proper solution. The company will maintain close communication and contact with the controlling shareholders, continuously pay attention to the progress of the matter, and perform the corresponding information disclosure obligations as required.

At present, Mr. Liu Menglong is planning the equity transfer, and the relevant matters have been disclosed in the designated information disclosure media in accordance with the requirements of relevant laws and regulations. As the shares held are frozen, the transfer will be further implemented after the judicial freeze is lifted, and all parties to the equity transfer will complete the equity transaction in accordance with the specified requirements. There are still uncertainties related to the equity transfer. Please invest rationally and pay attention to risks.

2、 Other information and risk tips

1. The company disclosed the announcement on judicial freezing of some shares of controlling shareholders (Announcement No.: 2021-068) on November 6, 2021. Mr. Liu Menglong's 58230 shares of the company were frozen by the people's Court of Futian District, Shenzhen on November 1, 2021 due to personal debt disputes. Both parties have reached a settlement on this matter and lifted the above freeze on November 12, 2021. On November 16, 2021, the company disclosed the announcement on lifting the judicial freeze of some shares of controlling shareholders (Announcement No.: 2021-070).

2. The company disclosed the announcement on judicial freezing of shares held by controlling shareholders (Announcement No.: 2021-074) on December 10, 2021. Mr. Liu Menglong's 32250268 shares of the company were frozen by the people's Court of Futian District, Shenzhen on December 6, 2021 due to personal debt disputes. Both parties have reached a settlement on this matter and lifted the above freeze on December 28, 2021. On January 4, 2022, the company disclosed the announcement on lifting the judicial freeze of shares held by controlling shareholders (Announcement No.: 2021-083).

3. As of the date of this announcement, the controlling shareholders have not infringed the interests of the company such as occupation of non operating funds and illegal guarantee.

4. At present, the company's business activities are normal. The freezing of the shares of the controlling shareholder of the company has not had a significant impact on the production and operation, corporate governance and corporate control of the listed company. The controlling shareholder of the company does not need to perform the performance compensation obligation.

5. The information disclosure media designated by the company are China Securities Journal, securities times and http://www.cn.info.com.cn, The relevant information of the company shall be subject to the announcement published in the above designated information disclosure media. Please pay attention to the subsequent relevant announcements of the company and pay attention to investment risks.

It is hereby announced.

Shenzhen Esun Display Co.Ltd(002751) board of directors January 19, 2022

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