688689: Announcement on the listing and circulation of some restricted shares in the initial public offering

Securities code: 688689 securities abbreviation: Changzhou Galaxy Century Microelectronics Co.Ltd(688689) Announcement No.: 2022-004 Changzhou Galaxy Century Microelectronics Co.Ltd(688689)

Announcement on the listing and circulation of some restricted shares in the initial public offering

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 legal liabilities for the authenticity, accuracy and integrity of its contents according to law.

Important content tips:

The number of restricted shares in circulation this time is 4500000.

The listing and circulation date is January 27, 2022.

1、 Types of restricted shares traded in this listing

According to the reply on Approving the registration of Changzhou Galaxy Century Microelectronics Co.Ltd(688689) initial public offering issued by China Securities Regulatory Commission on December 23, 2020 (zjxk [2020] No. 3566), we agree to the application for registration of Changzhou Galaxy Century Microelectronics Co.Ltd(688689) (hereinafter referred to as “the company”) initial public offering. The company issued 32100000 RMB ordinary shares (A shares) to the public for the first time and was listed on the science and Innovation Board of Shanghai Stock Exchange on January 27, 2021. After the issuance, the total share capital was 128.4 million shares, including 99196738 tradable shares with limited sales conditions, accounting for 77.2560% of the total share capital of the company after the issuance. 29203262 tradable shares without sale conditions, accounting for 22.7440% of the total share capital of the company after issuance. The company’s initial public offering of 1291738 restricted shares placed offline has been listed and circulated on July 27, 2021. The restricted shares listed and circulated this time are the restricted shares issued by the company in the initial public offering, and the number of restricted shareholders is 1. It is Changzhou Qingyuan Zhiben venture capital partnership (limited partnership). The restricted period is 12 months from the date when the shares issued by the company in the initial public offering are listed on the science and Innovation Board of Shanghai Stock Exchange. The number of shares corresponding to the above restricted shareholders is 4500000, Accounting for 3.5047% of the total share capital of the company, this part of restricted shares will be listed and circulated from January 27, 2022. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on January 26, 2021 The announcement on the listing of Changzhou Galaxy Century Microelectronics Co.Ltd(688689) initial public offering of shares on the science and Innovation Board disclosed.

2、 Changes in the number of share capital of the company since the formation of restricted shares listed and circulated this time

The restricted shares listed and circulated this time belong to the shares obtained by the shareholders of the company’s initial public offering. From the formation of the restricted shares of the company’s initial public offering to the disclosure date of this announcement, the company has not changed the number of share capital due to profit distribution and conversion of accumulation fund.

3、 Relevant commitments of restricted shares circulating in this listing

According to the prospectus of Changzhou Galaxy Century Microelectronics Co.Ltd(688689) initial public offering and listing on the science and innovation board, the shareholders of restricted shares listed and circulated this time make the following commitments:

1. Within 12 months from the date of listing of the company’s shares, the company shall not transfer or entrust others to manage the shares held by the partnership that have been issued before the public offering of shares, nor shall the company repurchase such shares.

2. According to laws and regulations and the business rules of Shanghai Stock Exchange, in case of no reduction of shares, promise not to reduce the shares of the issuer. After the expiration of the lock-in period, it will reduce its holdings in accordance with laws and regulations and the business rules of Shanghai Stock Exchange, and promises not to violate relevant restrictive provisions. When implementing the reduction, it will perform the necessary filing and announcement procedures in accordance with laws and regulations and the business rules of Shanghai Stock Exchange, and shall not reduce its holdings before performing the legal procedures.

3. If the partnership fails to fulfill the above commitments (except for objective reasons beyond the control of the company such as relevant laws and regulations, policy changes, natural disasters and other force majeure), the income obtained from the transfer of relevant shares belongs to the company, resulting in losses to investors and the company, the partnership will compensate for the losses according to law. In addition to the above commitments, the shareholders of restricted shares applying for listing and circulation have no other special commitments. As of the disclosure date of this announcement, the shareholders of restricted shares applying for listing have strictly fulfilled the corresponding commitments, and there is no situation that the non performance of relevant commitments affects the listing and circulation of restricted shares.

4、 Verification opinions of intermediary institutions

After verification, the recommendation institution China Securities Co.Ltd(601066) believes that the number of shares and listing and circulation time of the company’s application for listing and circulation of restricted shares comply with the company law of the people’s Republic of China, the securities law of the people’s Republic of China and the measures for the administration of securities issuance of listed companies The requirements of relevant laws, regulations and normative documents such as the measures for the administration of securities issuance and listing recommendation business and the Listing Rules of Shanghai Stock Exchange on the science and innovation board, as well as the contents of shareholders’ commitments; The information disclosure related to the restricted shares of the company is true, accurate and complete; In conclusion, the sponsor China Securities Co.Ltd(601066) has no objection to the lifting of the listing and circulation of restricted shares of the company.

5、 Restricted shares circulating in this listing

(I) the number of restricted shares in circulation this time is 4500000, accounting for 3.5047% of the total share capital of the company.

(II) the listing and circulation date is January 27, 2022.

(III) listing and circulation list of restricted shares

Sequential holding of limited sale shares holding of limited sale shares number of remaining limited sale shares outstanding in the secondary listing number number of shareholders (shares) in the company’s total number of shares (shares) (shares)

1 Changzhou Qingyuan Zhiben venture capital 4500000 3.5047% 4500000 0 partnership (limited partnership)

Total 4500000 3.5047% 4500000 0

Note: the proportion of the number of restricted shares held in the total share capital of the company shall be rounded to four decimal places.

(IV) listing and circulation of restricted shares

Sequence restricted shares type current listed circulation quantity (shares) restricted period (month)

number

1 initial restricted shares 4500000 12

Total 4500000-

6、 Online announcement document

1. China Securities Co.Ltd(601066) verification opinions on the listing and circulation of some restricted shares issued by Changzhou Yinhe century Microelectronics Co., Ltd

It is hereby announced.

Changzhou Galaxy Century Microelectronics Co.Ltd(688689) board of directors January 20, 2022

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