Shanghai Yirui Optoelectronics Technology Co., Ltd

Short Form Report on Changes in Equity

Name of listed company: Shanghai Yirui Optoelectronics Technology Co., Ltd

Stock listing location: Shanghai Stock Exchange

Stock abbreviation: Yirui Technology

Stock Code: 688301

Information disclosure obligor: Tianjin Hongshan Juye Equity Investment Partnership (Limited Partnership)

Executive Partner: Shanghai Zhexuan Investment Center (Limited Partnership)

Main business place: Room 103, No. 1, Second Street, Airport International Logistics Zone, Tianjin Pilot Free Trade Zone (Airport Economic Zone).

Mailing address: 3606, Block 3, Office Building, China Central Place, No. 77 Jianguo Road, Chaoyang District, Beijing

Information disclosure obligor: Beijing Sequoia Xinyuan Equity Investment Center (Limited Partnership)

Managing Partner: Shanghai Zheyou Investment Center (Limited Partnership)

Main business place: No. C2321, 2nd Floor, Building 16, Yard 37, Chaoqian Road, Science and Technology Park, Changping District, Beijing

Mailing address: 3606, Block 3, Office Building, China Central Place, No. 77 Jianguo Road, Chaoyang District, Beijing

Nature of change in equity: Decrease in shares

Date of signing: October 1, 2024

Disclosure Obligor Statement

1. This report is prepared by the information disclosure obligor in accordance with the relevant provisions of the People's Republic of China Company Law, the People's Republic of China Securities Law, the Administrative Measures for the Acquisition of Listed Companies, the Standards for the Content and Format of Information Disclosure of Companies Issuing Securities No. 15 - Report on Changes in Equity and other relevant laws, regulations and departmental rules.

2. The Disclosure Obligor has obtained the necessary authorization and approval to sign this report, and its performance does not violate or conflict with any provision in the Articles of Association or internal rules of the Information Disclosure Obligor.

3. In accordance with the provisions of the People's Republic of China Securities Law, the Administrative Measures for the Acquisition of Listed Companies and the Standards for the Content and Format of Information Disclosure of Companies Issuing Securities No. 15 - Report on Changes in Equity, this report has fully disclosed the changes in the shares in which the information disclosure obligor has interests in Shanghai Yirui Optoelectronics Technology Co., Ltd. As of the date of this report, except for the shareholding information disclosed in this report, the above-mentioned information disclosure obligor has not increased or decreased its shares in Shanghai Yirui Optoelectronics Technology Co., Ltd. by any other means.

4. The change in equity is based on the information contained in this report. The Disclosure Obligor has not entrusted or authorized any other person to provide information not included in this report and to make any explanation or explanation of this report.

5. The information disclosure obligor undertakes that there are no false records, misleading statements or material omissions in this report, and assumes individual and joint legal liability for its authenticity, accuracy and completeness.

Table of Contents

Interpretation...... 4

Section 1: Introduction to Information Disclosure Obligors...... 5

Section 2 Purpose of Equity Change and Shareholding Plan ...... 7

Section 3: Methods for Changes in the Rights and Interests of Information Disclosure Obligors...... 8

Section 4 Transactions in Shares of Listed Companies in the Preceding 6 Months...... 10

Section 5: Other Major Matters...... 11

Section 6 Documents for Reference...... 12

Interpretation

Unless otherwise stated, this report has the following meanings:

Paraphrase Paraphrase Content

Listed Company/Company/Yirui Technology refers to Shanghai Yirui Optoelectronic Technology Co., Ltd

Sequoia Juye refers to Tianjin Sequoia Juye Equity Investment Partnership (Limited Partnership)

Sequoia Xinyuan refers to Beijing Sequoia Xinyuan Equity Investment Center (Limited Partnership)

Information Disclosure Obligor means Sequoia Juye and Sequoia Xinyuan

The proportion of shares of listed companies in which the information disclosure obligor has an interest decreased

This change in equity refers to:

5%

"Changes in the Simplified Equity of Shanghai Yirui Optoelectronics Technology Co., Ltd."

This report means:

Report》

Company Law means the Company Law of the People's Republic of China

Securities Law means the Securities Law of the People's Republic of China

Acquisition Measures refer to the Administrative Measures for the Acquisition of Listed Companies

Guidelines for the Content and Format of Information Disclosure by Companies Offering Securities to the Public No

Guideline No. 15 refers to

No. 15 - Report on Changes in Equity

SSE / Exchange means the Shanghai Stock Exchange

RMB/10,000 yuan refers to RMB/RMB10,000

Note: If there is any discrepancy between the total number and the sum of the sub-values in this report, it is due to rounding.

Section 1: Introduction to Information Disclosure Obligors

1. Basic information of the information disclosure obligor

Sequoia Juye and Sequoia Xinyuan are acting in concert:

1. Sequoia Accumulation

Name of Information Disclosure Obligor Tianjin Hongshan Juye Equity Investment Partnership (Limited Partnership)

Main business place: Tianjin Pilot Free Trade Zone (Airport Economic Zone), Airport International Logistics Zone, Second Avenue 1

Room 103

The amount of capital contribution is 2,784.8 million yuan

Mailing address: 3606, Block 3, Office Building, China Central Place, No. 77 Jianguo Road, Chaoyang District, Beijing

Managing Partner, Shanghai Zhexuan Investment Center (Limited Partnership)

Unified Social Credit Code 91120116566112861P

Type of business: Limited partnership

Business Scope Engaged in investment in unlisted enterprises and non-public issuance of shares to listed companies

Investment and related consulting services (projects subject to approval in accordance with the law shall be approved by relevant departments.)

Business activities can only be carried out after approval)

Wuxi Sequoia Hengye Equity Investment Partnership (Limited Partnership), Tianjin Sequoia Construction

The surname of the main shareholder or promoter is the equity investment partnership (limited partnership) and Wuxi Sequoia Industrial equity investment

Name or name Partnership (Limited Partnership), Tianjin Sequoia Foundation Equity Investment Partnership

(Limited Partnership), Tianjin Hongshan Hongye Equity Investment Partnership (Limited Partnership

Shanghai Zhexuan Investment Center (Limited Partnership)

The term of the partnership is December 2, 2025

Date of Establishment: December 3, 2010

2. Sequoia Shinyuan

Name of Information Disclosure Obligor Beijing Sequoia Xinyuan Equity Investment Center (Limited Partnership)

Main business place: No. C2321, 2nd Floor, Building 16, Yard 37, Chaoqian Road, Science and Technology Park, Changping District, Beijing

The amount of capital contributed is 5,434.4 million yuan

Mailing address: 3606, Block 3, Office Building, China Central Place, No. 77 Jianguo Road, Chaoyang District, Beijing

Managing Partner, Shanghai Zheyou Investment Center (Limited Partnership)

Unified Social Credit Code 911101145996826415

Type of business: Limited partnership

Business Scope Investment, asset management. ("1. Without the approval of the relevant departments, it shall not be disclosed

way to raise funds; 2. Securities products and financial derivatives shall not be carried out publicly

trading activity; 3. Loans shall not be granted; 4. It is not allowed to invest in enterprises other than the invested enterprises

Guarantees provided by other enterprises; 5. Do not promise to investors that the investment principal will not be damaged

loss or promise of minimum returns"; Market entities independently choose business projects in accordance with the law,

to carry out business activities; The next investment will be made on June 13, 2022; Required by law

The approved project shall be carried out in accordance with the approved content after being approved by the relevant departments

Move; shall not engage in the operation of projects prohibited and restricted by the national and municipal industrial policies

Activity. ）

Hangzhou Sequoia Heyuan Equity Investment Partnership (Limited Partnership), Shaoxing Sequoia Hui

Yuan Equity Investment Partnership (Limited Partnership), Beijing Sequoia Changyuan Equity Investment

Center (Limited Partnership), Taikang Life Insurance Co., Ltd., Guochuang Kaiyuan

Equity Investment Fund (Limited Partnership), New China Life Insurance Co., Ltd.,

Qianhai Life Insurance Co., Ltd., Dajia Life Insurance Co., Ltd.,

Sunshine Life Insurance Co., Ltd., China Re Asset Management Co., Ltd.,

Shanghai Guiyuan Investment Partnership (Limited Partnership) and Suzhou Suxiu Wenchang Investment Partnership

The main shareholder or the promoter's surname enterprise (limited partnership), Kunshan Gopher Jinhong Equity Investment Center (limited partnership

Name or name partner), Beijing Bauhinia Huarong Equity Investment Co., Ltd., Chinese Academy of Sciences Holdings

Limited Company, Zhan Yiyuan, Yaohong Gangan (Xiamen) Investment Partnership (Limited Partnership

Partner), Shanghai Gopher Weiqin Equity Investment Center (Limited Partnership), Tianjin Renrui

Capital Management Co., Ltd., Zhejiang Zhoufa Investment Co., Ltd., Dong Yunxiang, Xinxi

Wang Asset Management Co., Ltd., Yiwu Huishang Bauhinia Equity Investment Co., Ltd., Bei

Jingzhong Guancun Venture Capital Development Co., Ltd., Ma Jianxin, Chuan Hexin (Xiamen)

Equity Investment Partnership (Limited Partnership), Shi Rongfang, Shanghai Zheyou Investment

Heart (Limited Partnership)

Duration of the partnership: Long-term

Date of Establishment: June 14, 2012

2. The information of the main responsible person of the information disclosure obligor

Disclosure Obligor Name, Gender, Nationality, Long-term Residence, Overseas Position

Abode

Sequoia Juye, Sequoia Zhou Kui, male, China, China, none, Managing partner

Xinyuan appoints a representative

3. The information disclosure obligor holds or controls more than 5% of the outstanding shares of other listed companies

condition

As of the date of signing of this report, the shares in which the information disclosure obligor has an interest in other listed companies at home and abroad reach or exceed 5% of the issued shares of the company: Sequoia Juye has an interest in the new industry (300832) and Bethany (300957) in the shares of the company, and Sequoia Xinyuan does not hold or control more than 5% of the outstanding shares of other listed companies.

Section 2 Purpose of Equity Change and Shareholding Plan

1. The purpose of the change in the rights and interests of the information disclosure obligor

This equity change is due to the information disclosure obligor's reduction of Yirui Technology shares due to its own capital needs.

2. The increase or decrease of the information disclosure obligor's plan for the next 12 months

After this change in equity, the information disclosure obligor intends to decide whether to increase or decrease the shares with interests in Yirui Technology in the next 12 months according to the securities market situation and its own capital needs. In the event of any change in relevant rights and interests, the information disclosure obligor will perform the information disclosure obligation in a timely manner in strict accordance with the requirements of relevant laws, regulations and normative documents.

Section 3: Methods for Changes in the Rights and Interests of Information Disclosure Obligors

1. The rights and interests held by the information disclosure obligor

Before this equity change, the information disclosure obligor held a total of 10,702,174 shares of the listed company.

It comes from the shares issued before the initial public offering and listing of Yirui Technology, accounting for the total number of shares of listed companies

14.75% (based on the total share capital of 72,547,826 shares on the date of the initial public offering of Yirui Technology).

2. The basic situation of this change in rights and interests

From March 18, 2022 to September 30, 2024 (September 30, 2024).

The date is the date of the equity change) during the period to reduce the company's shares through centralized bidding on the exchange and block trading

The total number of votes is 4,526,131 shares, and as of the date of this equity change, the information disclosure obligor holds a total of the company's shares

13,924,586 shares, accounting for 9.75% of the company's total shares (according to the shares of the listed company on the date of this equity change

total of 142,788,614 shares). As of the date of this equity change, the information disclosure obligor has the total ownership

The proportion of the company's shares in the issued shares of the listed company decreased to 5%.

The details of this equity change are as follows:

Shareholders Before the change in equity Quantity of reduction Reduction ratio After the change in equity

Name Total number of shares held Proportion of shareholding Period of shareholding reduction (shares) Example Method of shareholding reduction Total number of shares Shareholding ratio

(Shares) (%) (%) (Shares) (%)

June 17, 2022 - Centralized Auction

Sequoia January 20, 2023 528,043

Poly Industry 6,300,000 8.68% July 5, 2023 - 2.05% 9,468,465 6.63%

1,572,513 block trades on September 30, 2024

June 6, 2022 - Centralized Auction

Sequoia January 20, 2023 601,067

Xinyuan 4,402,174 6.07% March 18, 2022- 2.95% 4,456,121 3.12%

1,824,508 block trades on September 30, 2024

Total 10,702,174 14.75% / 4,526,131 5.00% / 13,924,586 9.75%

Note: "Before the change in equity" and "shareholding ratio" are based on the total number of shares of the listed company on the date of the initial public offering of 72,547,826 shares

Compute; "After the change in equity" and "shareholding ratio", the total number of shares of the listed company on the date of the change in equity was 142,788,614 shares

Compute; The "shareholding reduction ratio" is the difference between "before the change in equity" and "shareholding ratio" minus "after the change in equity" and "shareholding ratio".

The column "After change in equity - total number of shares" takes into account your company's annual profit distribution and capital reserve transfer in 2022 and 2023

Factors for changes in the number of shares held after the increase in share capital.

3. Restrictions on the rights of the information discloser's obligor to have equity shares in the listed company

As of the date of this report, there is no restriction on the rights of the shares in which the information disclosure obligor has an interest in the listed company, including but not limited to the pledge and freezing of the shares.

Section 4 Trading of shares of listed companies in the preceding 6 months

The information disclosure obligor did not buy or sell the shares of the listed company within 6 months before the date of the change in equity (i.e., excluding the date of the change in equity).

Section 5: Other major matters

As of the date of signing this report, the information disclosure obligor has truthfully disclosed the relevant information of the change in equity in accordance with the relevant regulations, and there is no other material information that the information disclosure obligor should disclose but has not disclosed in accordance with the law and relevant regulations.

Section 6: Documents for reference

1. Documents for reference

(1) The institutional registration certificate of the person with the obligation to disclose information;

(2) A list of the principal responsible persons of the persons with the obligation to disclose information and their identification documents;

(3) This report signed by the person obligated to disclose information.

2. Locations for reference

This report and the documents for reference are deposited with Shanghai Yirui Optoelectronics Technology Co., Ltd. for investors' inspection.

Disclosure Obligor Statement

I (and the organization I represent) undertake that there are no false records, misleading statements or material omissions in this report, and I assume individual and joint legal responsibility for its authenticity, accuracy and completeness.

Information disclosure obligor: Tianjin Hongshan Juye Equity Investment Partnership (Limited Partnership)

Beijing Sequoia Xinyuan Equity Investment Center (Limited Partnership)

Representatives appointed by the Managing Partner:

Date: October 1, 2024

Schedule:

Short Form Report on Changes in Equity

Basic information

Name of listed company: Shanghai Yirui Optoelectronic Technology Co., Ltd. Listed company location: Ruiqing Road, Pudong New Area, Shanghai

Room 202, 2nd Floor, Building 9, No. 590, Co., Ltd

Stock abbreviation: Yirui Technology, stock code: 688301

1. Sequoia Juye: Tianjin Free Trade Trial

1. Tianjin Hongshan Juye Equity Test Zone (Airport Economic Zone) Airport

Investment Partnership (Limited Partnership, No. 1, 2nd Avenue, International Logistics Zone

Name of the Disclosure Obligor); The owner of the information disclosure obligor

Room 103 of the main business premises

2. Beijing Sequoia Xinyuan Equity 2. Sequoia Xinyuan: Changping, Beijing

Investment Center (Limited Partnership) District Science and Technology Park Chaoqian Road No. 37

Building 16, Level 2, C2321

Increase □ Decrease√ Yes√ No □

Number of shares in which there is an interest Whether there are persons acting in concert with them

The change in volume remains the same, but the shareholders have changed Sequoia Juye and Sequoia Xinyuan are one

Transform □ to the actor

The information disclosure obligor is the information disclosure obligor

No, No√□, No, √□No,

Majority shareholder Controller

Centralized trading through the stock exchange√ transfer □ agreement

The method of change of equity (can be transferred or changed by administrative transfer or change of state-owned shares□ and the transfer of □

Elect) to obtain new shares issued by a listed company□ □ execution of the court's ruling

Inheritance□ Gifts□ Others: Bulk Transactions√

Information disclosure obligor Disclosure Type of shares: unrestricted tradable shares

Number of shares owned by Sequoia Juye and Sequoia Xinyuan held a total of 10,702,174 shares

The number of shares and the proportion of shares held: Sequoia Juye and Sequoia Xinyuan hold a total of 14.75% (according to the company's initial public offering of the company's issued shares

Proportion: The total number of shares on the day is 72,547,826 shares)

Type of shares: Unrestricted tradable shares

After this change in equity, the number of changes in letters: Sequoia Juye and Sequoia Xinyuan reduced their holdings by a total of 4,526,131 shares

Disclosure Obligor Owns Change Ratio: 5%

Total number of shares of equity Number of shares held after change: Sequoia Juye and Sequoia Xinyuan hold a total of 13,924,586 shares

Volume and change ratio Shareholding ratio after change: Sequoia Juye and Sequoia Xinyuan hold a total of 9.75% (issued according to this report

The total number of shares of listed companies on the day is 142,788,614 shares)

Owned in a public company When: March 18, 2022 to September 30, 2024

Equity of the shares of the change

Time and method Method: centralized bidding, block trading

The information disclosure obligor is

No in the next 12 months Yes √ No □

continue to reduce holdings

The information disclosure obligor is □

Whether it was in the previous 6 months

The information disclosure obligor of the secondary market trading √ within 6 months before the date of this equity change (excluding this equity change

On the day of the stock movement of the municipal company), there is no situation of buying or selling the shares of the listed company.

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(There is no text on this page, it is the signature page of the "Report on Changes in Equity of Shanghai Yirui Optoelectronics Technology Co., Ltd.")

Information disclosure obligor: Tianjin Hongshan Juye Equity Investment Partnership (Limited Partnership)

Representatives appointed by the Managing Partner:

Date: October 1, 2024

(There is no text on this page, it is the signature page of the "Report on Changes in Equity of Shanghai Yirui Optoelectronics Technology Co., Ltd.")

Information disclosure obligor: Beijing Sequoia Xinyuan Equity Investment Center (Limited Partnership)

Representatives appointed by the Managing Partner:

Date: October 1, 2024