Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068) : Explanation on the fact that the relevant subjects of this transaction are not allowed to participate in the material asset reorganization of any listed company in accordance with Article 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to material asset reorganization of listed companies

Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068) board of directors

Explanation on the fact that the relevant entities of this transaction are not allowed to participate in the material asset reorganization of any listed company in accordance with Article 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to material asset reorganization of listed companies

Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068) (hereinafter referred to as the “listed company”) intends to purchase 100% equity of Zhejiang huge environment Co., Ltd. by issuing shares and paying cash, and raise supporting funds (hereinafter referred to as the “transaction”).

According to Article 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to major asset restructuring of listed companies, the listed company’s explanation on whether the relevant subjects of this transaction are not allowed to participate in any major asset restructuring of listed companies is as follows:

This transaction involves the relevant subjects specified in Article 7 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal trading of stocks related to major asset restructuring of listed companies, and there is no case of being filed for investigation or investigation due to insider trading related to this major asset restructuring, Nor has it been subject to administrative punishment by the China Securities Regulatory Commission for insider trading related to major asset restructuring or investigated for criminal responsibility by judicial organs according to law in the past 36 months.

It is hereby explained.

Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068) board of directors January 21, 2022

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