The directors and senior management of the Company, Mr. Chen Zuoxing, Mr. Wu Shuyong, and senior management of the Company, Mr. Hua Qingchun, warrant that the information provided to the Company is true, accurate and complete, without false records, misleading statements or material omissions.

The Company and all members of the Board of Directors guarantee that the content of the announcement is consistent with the information provided by the information disclosure obligation.

Shenzhen Tongyi Industrial Co., LTD. (hereinafter referred to as the "Company") disclosed the "Announcement on Pre-Disclosure of Share Reduction by Directors and Senior Management" on May 9, 2023 on Juchao Information Network. Mr. Chen Zuoxing, a director and senior management officer who holds 2,509,689 shares of the Company (accounting for 1.38% of the total share capital of the Company), plans to reduce his holdings of no more than 627,422 shares of the Company (accounting for 0.34% of the total share capital of the Company) by centralized bidding within 6 months after 15 trading days from the date of disclosure of the announcement; Mr. Wu Shuyong, a director and senior management officer who holds 1,896,555 shares of the Company (1.04% of the total share capital of the Company), plans to reduce his holdings of the Company's shares by no more than 474,139 shares (0.26% of the total share capital of the Company) by centralized bidding within 6 months after 15 trading days from the date of disclosure of the announcement; Mr. Hua Qingchun, a senior executive holding 6,061,777 shares of the Company (accounting for 3.33% of the Company's total share capital), plans to reduce his holdings of the Company's shares by no more than 1,515,444 shares (accounting for 0.83% of the Company's total share capital) by centralized bidding within 6 months after 15 trading days from the date of disclosure of the announcement. For details, please refer to the relevant announcement disclosed by the Company on May 9, 2023 on http://www.cninfo.com.cn.

Recently, the Company received the "Notification Letter of Progress of Share Reduction Plan" issued by Mr. Chen Zuoxing, Mr. Wu Shuyong and Mr. Hua Qingchun, as of the disclosure date of this announcement, Mr. Chen Zuoxing, Mr. Wu Shuyong and Mr. Hua Qingchun this reduction plan period has expired. In accordance with the relevant provisions of laws and regulations such as "Several Provisions for Shareholders and Directors of Listed Companies to Reduce their Holdings" and "Implementation Rules for Shareholders and Directors, Supervisors and Senior Managers of Listed Companies of Shenzhen Stock Exchange to Reduce their Holdings", the implementation of its reduction plan is hereby announced as follows:

1. Reduction of shareholders' holdings

2. Share reduction by shareholders

Note: Mr. Chen Zuoxing, Mr. Wu Shuyong and Mr. Hua Qingchun have reduced their holdings from the shares held before the initial public offering and the shares obtained from the conversion of the company's capital provident fund to additional share capital.

2. Shareholders' holdings before and after this reduction

Note: The change of the limited sale condition shares and unlimited sale condition shares of the above shareholders after the reduction of shares is the first trading day of each year, and China Clearing Shenzhen Branch will calculate the legal limit of transferable shares of the current year at 25% based on the shares registered under the name of the above shareholders on the last trading day of the previous year; At the same time, the outstanding shares held by the above shareholders within the transferable share quota in the current year will be unlocked under unlimited sale conditions.

Ii. Other relevant instructions

1. Mr. Chen Zuoxing, Mr. Wu Shuyong and Mr. Hua Qingchun's shareholding reduction plan did not violate the Securities Law, the GEM Listing Rules of Shenzhen Stock Exchange, the China Securities Regulatory Commission's Regulations on Shareholders and Directors of Listed Companies to Reduce Their Holdings, the Self-Regulatory Guidelines for Listed Companies of Shenzhen Stock Exchange No. 2 - Standardized Operation of GEM Listed Companies, and Shenzhen Securities The provisions of laws, regulations and normative documents such as the Implementation Rules for Shareholders, Directors, Supervisors and senior Managers of listed companies of the Stock Exchange to Reduce their Holdings do not exist in violation of laws and regulations.

2. Mr. Chen Zuoxing, Mr. Wu Shuyong and Mr. Hua Qingchun have been disclosed in advance in accordance with relevant regulations. The implementation of this reduction is consistent with the previously disclosed reduction plan, and there are no violations.

3. Mr. Chen Zuoxing, Mr. Wu Shuyong and Mr. Hua Qingchun do not belong to the controlling shareholders or actual controllers of the company, and the implementation of this shareholding reduction plan will not lead to a change in the control of the company, nor will it have an impact on the corporate governance structure and continuing operations.

4. Documents for reference

5. Notice of Progress of Share Reduction Plan issued by Mr. Chen Zuoxing, Mr. Wu Shuyong and Mr. Hua Qingchun.

It is hereby announced.

Shenzhen Tongyi Industry Co., Ltd.

Board of directors

December 1, 2003