Our company and all members of the board of directors hereby guarantee that the contents of this announcement are true, accurate, and complete, and that there are no false records, misleading statements, or material omissions. Our company and all members of the board of directors hereby guarantee that the contents of this announcement are true, accurate, and complete. There are no false records, misleading statements, or material omissions.

Special Notice:

1 There were no proposals to add, amend, or reject at this shareholders’ meeting.

2 This shareholders’ meeting does not involve any changes to resolutions already adopted by previous shareholders’ meetings.

I. Meeting Convening and Attendance情况

(1) Meeting convening status

1 , Meeting Date:

( 1 ) On-site meeting time: 2022 Year 7 Moon 6 Day (Weekday) Three ) Up Noon 10：00

( 2 ) Online voting period: 2022 Year 7 Moon 6 day 。 Among them ， The specific time for conducting online voting through the Shenzhen Stock Exchange trading system is: 2022 Year 7 Moon 6 morning 9:15-9:25 、 9:30-11:30 , afternoon 1:00 PM - 3:00 PM ; The specific time for voting through the Shenzhen Stock Exchange’s internet voting system is: 2022 Year 7 Moon 6 day 9:15-3:00 PM Any time during the period.

2、 Meeting venue: Youxiang Road, Yuexi Subdistrict, Suzhou Wuzhong Economic Development Zone 22 First-floor conference room, Suzhou Yubang New Materials Co., Ltd.

3、 Method of holding the meeting: This shareholders’ meeting will adopt a combination of on-site voting and online voting.

4、 Meeting Convener: Company Board of Directors

5、 Meeting Chair: Chairman Xiao Feng Sir

6、 The convening and holding of this meeting comply with the Company Law and the Securities Law. In accordance with the relevant laws and regulations, including the “Rules for Listing of Stocks on the ChiNext Board of the Shenzhen Stock Exchange,” as well as the provisions of the Company’s Articles of Association, the meeting was held in a lawful and valid manner.

(2) Attendance at the meeting

1. Overall attendance of shareholders at the meeting

Attend this shareholders’ meeting On-site meetings and participation in online voting Shareholders and Shareholder authorized representative Total 6 Name, representing the company’s voting shares 68,800,100 Shares, representing the total number of voting shares of the company 66.1539%。 

Among them: A total of shareholders and shareholder-authorized representatives attending the meeting in person 4 Name, representing the company’s voting shares 66,500,000 Shares, representing the total number of voting shares of the company 63.9423%。 The total number of shareholders attending the meeting via online voting is: 2 Name, representing the company’s voting shares 2,300,100 stock, Total number of shares with voting rights held by the company of the 2.2116% 。

2、 Total number of small and medium-sized investors attending the meeting Physical condition

Small and medium-sized investors who cast their votes both on-site and via online voting and its authorized representative Total 2 Name, representing the company’s voting shares 2,300,100 Shares, representing the total number of voting shares of the company 2.2116%。

Among them: Small and medium-sized investors who voted on-site 0 Name, representing the company’s voting shares 0 Shares, representing the total number of voting shares of the company 0.0000% Small and medium-sized investors who cast their votes via the internet 2 Name, representing the company’s voting shares 2,300,100 Shares, representing the total number of voting shares of the company 2.2116%。

3 、Attendance of other personnel

Company The whole Director, Part The supervisors and senior management attended this shareholders’ meeting as witnesses. Lawyer Attended this shareholders’ meeting in compliance with relevant provisions of the Company Law, the company’s articles of association, and other applicable regulations.

II. Status of Bill Review and Voting

This meeting adopted a voting method that combined on-site voting with online voting to deliberate and approve the following:

Bill:

1、 Reviewed and approved the “Proposal on Changing the Company’s Registered Capital, Corporate Type, and Revising” < Articles of Association > A proposal to handle the business registration amendment. 》

Voting result: Agree 68,800,000 Shares, representing the total number of shares with valid voting rights present at this meeting. 99.9999% ; Oppose 100 Shares, representing the total number of shares with valid voting rights present at this meeting. 0.0001% ; Abstain 0 Shares, representing the total number of shares with valid voting rights present at this meeting. 0.0000% 。

Voting results of small and medium-sized investors: Agree 2,300,000 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 99.9957% ; Oppose 100 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 0.0043% ; Abstain 0 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 0.0000% 。

This proposal is a special resolution and has been approved by shareholders holding more than two-thirds of the total number of shares entitled to vote present at this meeting.

2 The proposal on the supplementary election of independent directors and members of specialized committees for the company’s third board of directors was reviewed and approved.

Voting result: Agree 68,800,000 Shares, representing the total number of shares with valid voting rights present at this meeting. 99.9999% ; Oppose 100 Shares, representing the total number of shares with valid voting rights present at this meeting. 0.0001% ; Abstain 0 Shares, representing the total number of shares with valid voting rights present at this meeting. 0.0000% 。

Voting results of small and medium-sized investors: Agree 2,300,000 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 99.9957% ; Oppose 100 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 0.0043% ; Abstain 0 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 0.0000% 。

3 The “Proposal on Using Part of the Excess Funds Raised to Permanently Supplement Working Capital” was reviewed and approved.

Voting result: Agree 68,800,000 Shares, representing the total number of shares with valid voting rights present at this meeting. 99.9999% ; Oppose 100 Shares, representing the total number of shares with valid voting rights present at this meeting. 0.0001% ; Abstain 0 Shares, representing the total number of shares with valid voting rights present at this meeting. 0.0000% 。

Voting results of small and medium-sized investors: Agree 2,300,000 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 99.9957% ; Oppose 100 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 0.0043% ; Abstain 0 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 0.0000% 。

4、 The proposal on the company’s application to the bank for a comprehensive credit line was reviewed and approved.

Voting result: Agree 68,800,000 Shares, representing the total number of shares with valid voting rights present at this meeting. 99.9999% ; Oppose 100 Shares, representing the total number of shares with valid voting rights present at this meeting. 0.0001% ; Abstain 0 Shares, representing the total number of shares with valid voting rights present at this meeting. 0.0000% 。

Voting results of small and medium-sized investors: Agree 2,300,000 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 99.9957% ; Oppose 100 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 0.0043% ; Abstain 0 Shares, representing the total number of valid voting shares held by small investors attending this meeting. 0.0000% 。

III. Legal Opinion Issued by the Attorney

This shareholders’ meeting was witnessed by attorneys Huang Xin and Liu Jin'ao, who were appointed by Shanghai Xielì (Suzhou) Law Firm, and they issued a legal opinion stating that: the convening and holding procedures of this shareholders’ meeting, the qualifications of the convener and the attendees, as well as the voting procedures and results of the meeting, all comply with the relevant provisions of the Company Law, the Securities Law, the Rules for Shareholders’ Meetings of Listed Companies, and other applicable laws, regulations, normative documents, and the company’s articles of association. Therefore, the resolutions adopted at this shareholders’ meeting are lawful and valid.

IV. Supporting Documents for Reference

1、 Company 2022 Year of the Two Resolution of the Next Extraordinary General Meeting ；

2、 Shanghai Xielì (Suzhou) Law Firm About Suzhou Yubang New Materials Joint-stock company 2022 Year of the Two Legal Opinion on the Next Extraordinary General Meeting 。

Hereby announced.

Suzhou Yubang New Materials Co., Ltd.

Board of Directors

2022 Year 7 Moon 6 day

Email:
ybdshbgs@yourbest.com.cn

Phone/WeChat:
0512-65691360

Address:
No. 688, Songwei Road, Guoxiang Subdistrict, Wuzhong District, Suzhou City