Securities code: 688138 Securities abbreviation: Qingyi Optoelectronics Announcement No.: 2024-057

Shenzhen Qingyi Optoelectronics Co., Ltd

Indicative announcement on the renewal of the concerted action agreement by the actual controller

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Shenzhen Qingyi Optoelectronics Co., Ltd. (hereinafter referred to as the "Company" or "Qingyi Optoelectronics") recently received a notice from Ms. Tang Yingmin and Mr. Tang Yingnian, the actual controllers of the Company, regarding the renewal of the "Concerted Action Agreement", and in view of the expiration of the "Concerted Action Agreement" signed by the two parties before the company's initial public offering and listing on November 20, 2024, the two parties have renewed a new "Concerted Action Agreement", the details are as follows:

1. Background to the renewal of the Concerted Action Agreement

As of the disclosure date of this announcement, Ms. Tang Yingmin and Mr. Tang Yingnian, the actual controllers of the Company, indirectly hold 60.19% of the shares of the Company through Suxi Optical Film Technology (Shenzhen) Co., Ltd. (hereinafter referred to as "Suxi Optical Film") and Optical Film (Hong Kong) Co., Ltd. (hereinafter referred to as "Hong Kong Optical Film").

In May 2019, the company submitted an application for an initial public offering of shares to the Science and Technology Innovation Board of the Shanghai Stock Exchange and was accepted.

In order to consolidate control, Ms. Tong Yingmin and Mr. Tang Ying-yen signed a Concerted Action Agreement, which is valid for the duration of the agreement

It is within 5 years from the date of the company's initial public offering and listing. Whereas, the company's shares were released in November 2019

Listed on the Shanghai Stock Exchange on the 20th, the original Concerted Action Agreement expires on November 20, 2024,

For the long-term and stable development of the Company, after full communication and negotiation, Ms. Tang Yingmin and Mr. Tang Ying-yen renewed the Concerted Action Agreement on November 19, 2024.

2. The main contents of the renewal of the Concerted Action Agreement

(1) The purpose of "acting in concert".

Both parties will ensure that they will adopt the same intention when exercising their voting rights at the shareholders' meeting/shareholders' meeting

said that in order to consolidate the dominant position of both parties in Qingyi Optoelectronics.

(2) The content of "concerted action".

The "concerted action" maintained by the two parties at the shareholders' meeting/shareholders' meeting of Qingyi Optoelectronics means that the parties shall maintain consistency in exercising the following functions and powers at the shareholders' meeting/shareholders' meeting of Qingyi Optoelectronics through Hong Kong Optoelectronics and Suxi Photofilm:

(1) Co-proposals;

(2) Voting together to decide on the company's business plan and investment plan;

(3) Jointly vote to formulate the company's annual financial budget plan and final account plan;

(4) Jointly vote to formulate the company's profit distribution plan and loss recovery plan;

(5) Jointly vote on the plan for increasing or decreasing the registered capital of the company and the issuing company

Bond schemes;

(6) To appoint or dismiss the manager of the company by a joint vote, and to appoint or terminate the manager according to the nomination of the manager

dismiss the deputy manager and financial director of the company and decide their remuneration;

(7) To decide on the establishment of the company's internal management organization by joint voting;

(8) Jointly vote to formulate the basic management system of the company;

(9) In the event that either of the parties is unable to attend the general meeting of shareholders or the meeting of shareholders, the other person shall be appointed

participate in meetings and exercise the right to vote; If both parties are unable to attend the general meeting/shareholders' meeting

During the meeting, they should jointly entrust others to participate in the meeting and exercise the right to vote;

(10) To jointly exercise other functions and powers at the general meeting of shareholders/shareholders' meeting.

(iii) Extension of "Concerted Action".

If the two sides cannot reach an agreement internally, the two sides shall vote in accordance with Tang Yingmin's intentions.

(iv) The duration of "concerted action".

36 months from the date of signing this Agreement.

(5) Modification or termination of the agreement

(1) This Agreement shall come into force on the date of signature of both parties on the Agreement, and both parties shall fully perform their obligations during the term of the Agreement, and this Agreement shall not be changed at will without the agreement of both parties and in writing;

(2) Both parties may terminate this agreement by consensus;

The above changes and cancellations shall not prejudice the legitimate rights and interests of both parties in the company.

(6) Settlement of disputes

In the event of any dispute arising out of this Agreement, the two parties shall settle the dispute through friendly negotiation, and if the negotiation fails, the dispute shall be submitted to the Shenzhen Court of International Arbitration for settlement in accordance with the arbitration rules in force at that time.

(7) Governing Law

This Agreement and the rights and obligations of the parties hereunder shall be governed by the laws of China.

3. The impact of the renewal of the "Concerted Action Agreement" on the company

After the renewal of the Concerted Action Agreement, the actual control of the Company has not changed, and the actual controllers are still Ms. Tang Yingmin and Mr. Tang Yingnian. The renewal of the "Concerted Action Agreement" is conducive to the stability of the company's control, the company's maintenance of the consistency and stability of its development strategy and operation and management policies, and the healthy and sustainable development of the listed company, without adversely affecting the company's daily operation and management or harming the interests of small and medium-sized investors.

The announcement is hereby made.

Shenzhen Qingyi Optoelectronics Co., Ltd

board of directors

November 21, 2024