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 1: TIEER GU

Residence: Pudong New Area, Shanghai

Mailing address: Pudong New Area, Shanghai

Information disclosure obligor 2: Shanghai Yiyuan Herui Investment Consulting Co., Ltd

Address: Building 4, No. 1588, Xinyang Road, Lingang New Area, China (Shanghai) Pilot Free Trade Zone Mailing address: Building 45, No. 1000 Jinhai Road, Pudong New Area, Shanghai

Information Disclosure Obligor 3: Shanghai Changrui Management Consulting Partnership (Limited Partnership)

Address: Building 4, No. 1588, Xinyang Road, Lingang New Area, China (Shanghai) Pilot Free Trade Zone Mailing address: Building 45, No. 1000 Jinhai Road, Pudong New Area, Shanghai

Information Disclosure Obligor 4: Shanghai Chang Rule Management Consulting Partnership (Limited Partnership)

Address: Building 4, No. 1588, Xinyang Road, Lingang New Area, China (Shanghai) Pilot Free Trade Zone Mailing address: Building 45, No. 1000 Jinhai Road, Pudong New Area, Shanghai

Nature of equity changes: reduction of shares, passive dilution.

Date of signing: January 2025

Disclosure Obligor Statement

1. This report is based on the Company Law of the People's Republic of China (hereinafter referred to as the "Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as the "Securities Law"), the Administrative Measures for the Acquisition of Listed Companies (hereinafter referred to as the "Acquisition Administrative Measures"), the Standards for the Content and Format of Information Disclosure of Companies Offering Securities to the Public No. 15 - Report on Changes in Equity (hereinafter referred to as the "Guidelines No. 15"), and the Opinions on the Application of Securities and Futures Law No. 19<上市公司收购管理办法>Preparation of the Opinions on the Application of Articles 13 and 14 (hereinafter referred to as the "Applicable Opinions") and other relevant laws, regulations and normative documents.

2. The information disclosure obligor has obtained the necessary authorization and approval to sign this report. Its performance does not violate or conflict with any provision of the Information Disclosure Obligor's Articles of Association or internal rules.

3. In accordance with the provisions of the Securities Law, the Administrative Measures for Takeovers, the Guidelines No. 15 and the Applicable Opinions, this report has fully disclosed the changes in the shares in which the information disclosure obligor has an interest in Shanghai Yirui Optoelectronics Technology Co., Ltd.

As of the date of this report, except for the shareholding information disclosed in this report, the information disclosure obligor has not increased or decreased its shares in Shanghai Yirui Optoelectronics Technology Co., Ltd. by any other means.

4. There are no other additional effective conditions for this equity change. This change in equity is based on the information contained in this report. Except for the person obligated to disclose information, no other person has been entrusted or authorized to provide information not included in this report and to give any explanation or explanation to this report.

5. The information disclosure obligor promises that there are no false records, misleading statements or major omissions in this report, and bears legal responsibility for its authenticity, accuracy and completeness in accordance with the law.

directory

Disclosure Obligor Statement...... 2

Directory...... 3

Section 1: Interpretation...... 4

Section 2: Introduction of Information Disclosure Obligors...... 5

Section 3 Purpose of Equity Change and Shareholding Plan ...... 9

Section 4 Methods of Changes in Equity ...... 10

Section 5 Trading of Listed Shares in the Preceding 6 Months...... 11

Section 6: Other Major Matters...... 12

Section 7: Statement of the Disclosure Obligor...... 13

Section 8: Documents for Reference...... 14

Schedule: Short Form Report on Changes in Equity...... 15

Section 1: Interpretation

In this report, unless otherwise specified, the following abbreviations shall have the following meanings:

This report refers to the short-form report on changes in equity of Shanghai Yirui Optoelectronics Technology Co., Ltd

Yirui Technology, listed company refers to Shanghai Yirui Optoelectronics Technology Co., Ltd

Division, company

Yiyuan Herui refers to Shanghai Yiyuan Herui Investment Consulting Co., Ltd

Shanghai Changrui refers to Shanghai Changrui Management Consulting Partnership (Limited Partnership), which is held by employees of the company

Share platform

Shanghai Chang Zhi refers to Shanghai Chang Zhi Management Consulting Partnership (Limited Partnership), which is held by the employees of the company

Share platform

TIEERGU, Shanghai Yiyuan Herui Investment Consulting Co., Ltd., Shanghai Changrui

Information Disclosure Obligor refers to the Management Consulting Partnership (Limited Partnership) and Shanghai Changzheng Management Consulting Partnership

Partnership (Limited Partnership)

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

Stock Exchange means the Shanghai Stock Exchange

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

"Measures for the Administration of Takeovers" means the Measures for the Administration of Takeovers of Listed Companies

Guideline No. 15 refers to the Guidelines for the Content and Format of Information Disclosure by Companies Offering Securities to the Public No. 15

No. - Report on Changes in Equity》

Yuan and 10,000 yuan refer to RMB and 10,000 yuan

Note: Unless otherwise specified, all values in this report are kept to 2 decimal places, and if the sum of the sub-values does not match the mantissa of the total, it is due to rounding.

Section 2: Introduction of Information Disclosure Obligors

1. Basic information of the information disclosure obligor

(1) Information disclosure obligor 1

NAME TIEER GU

Gender Male

Passport number 548******

Nationality USA

Residences: Pudong New Area, Shanghai

Mailing address: Pudong New Area, Shanghai

Whether to obtain other countries or Yes

Residency in the region

(2) Information disclosure obligor 2

1. Basic information

Company name: Shanghai Yiyuan Herui Investment Consulting Co., Ltd

Type of enterprise: Limited liability company (joint venture between Taiwan, Hong Kong, Macao and foreign investors)

Registered address: Xinyang Highway, Lingang New Area, China (Shanghai) Pilot Free Trade Zone

Building 4, No. 1588

Date of establishment February 9, 2010

LEGAL REPRESENTATIVE TIEER GU

The registered capital is 17,281,460 yuan

Unified Social Credit Code 91310115550063065M

Major shareholders IRUI CO., LTD., TIEER GU, FANG SHENGKANG

Investment consulting, business management consulting, business information consulting (financial information except

outside the scope of business). [Projects subject to approval in accordance with the law can only be approved by relevant departments.]

Conduct business activities】

Operating period from February 9, 2020 to February 8, 2040

Mailing address: Building 45, No. 1000, Jinhai Road, Pudong New Area, Shanghai

2. Basic information of the person in charge

Preface Name Gender Position Nationality Long-term residence Whether or not to obtain other countries

No. of residence or residency in the region

1 TIEER GU MALE EXECUTIVE DIRECTOR U.S.A. CHINA IS

(3) Information disclosure obligor 3

1. Basic information

Company Name: Shanghai Changrui Management Consulting Partnership (Limited Partnership)

Type of business: Limited partnership

Registered address: Xinyang Highway, Lingang New Area, China (Shanghai) Pilot Free Trade Zone

Building 4, No. 1588

Date of establishment September 17, 2012

TIEER GU, MANAGING PARTNER

The company invested RMB 196,000

Unified Social Credit Code 913101150545697026

PARTNERS TIEER GU, YANG WEIZHEN, CAO HONGGUANG, CHENGBIN QIU, ET AL. 19

partners

General Projects: Business Management Consulting; Information consulting services (excluding licensing.)

Business Scope Information Consulting Services). (Except for projects subject to approval in accordance with the law, with business.)

License to independently carry out business activities in accordance with the law)

Operating period from September 17, 2012 to September 16, 2042

Mailing address: Building 45, No. 1000, Jinhai Road, Pudong New Area, Shanghai

2. Basic information of the person in charge

Preface Name Gender Position Nationality Long-term residence Whether or not to obtain other countries

No. of residence or residency in the region

1 TIEER GU MALE EXECUTIVE AFFAIRS UNITED STATES CHINA IS

copartner

(4) Information disclosure obligor 4

1. Basic information

Company Name: Shanghai Chang Rule Management Consulting Partnership (Limited Partnership)

Type of business: Limited partnership

Registered address: Xinyang Highway, Lingang New Area, China (Shanghai) Pilot Free Trade Zone

Building 4, No. 1588

Date of establishment June 27, 2014

TIEER GU, MANAGING PARTNER

The capital contribution is 7,061,802 yuan

Unified Social Credit Code 91310115398676624G

PARTNERS TIEER GU, YANG WEIZHEN, CAO HONGGUANG, CHENGBIN QIU, ET AL. 28

partners

General Projects: Business Management Consulting; Information consulting services (excluding licensing.)

Business Scope Information Consulting Services). (Except for projects subject to approval in accordance with the law, with business.)

License to independently carry out business activities in accordance with the law)

Operating period from June 27, 2014 to June 26, 2044

Mailing address: Building 45, No. 1000, Jinhai Road, Pudong New Area, Shanghai

2. Basic information of the person in charge

Preface Name Gender Position Nationality Long-term residence Whether or not to obtain other countries

No. of residence or residency in the region

1 TIEER GU MALE EXECUTIVE AFFAIRS UNITED STATES CHINA IS

copartner

(5) An explanation of the relationship between concerted actions

MR. TIEERGU IS THE ACTUAL CONTROLLER OF YIYUAN HERUI, SHANGHAI CHANGRUI AND SHANGHAI CHANGZE, AND THE ABOVE-MENTIONED NATURAL PERSONS AND ENTERPRISES ARE PERSONS ACTING IN CONCERT UNDER THE "TAKEOVER MANAGEMENT MEASURES". As of the date of signing of this report, the equity control relationship between the information disclosure obligors is as follows:

2. The shares with interests in other listed companies at home or abroad reach or exceed 5% of the issued shares of the company

As of the date of this report, none of the information disclosure obligors has an interest in other listed companies at home or abroad with an interest of 5% or more of the company's issued shares.

Section 3 Purpose of Equity Change and Shareholding Plan

1. The purpose of this equity change

The change in equity is mainly due to the passive dilution of the shareholding of the information disclosure obligor due to the reduction of the company's shares by Shanghai Changzhi and Shanghai Changrui through block trading, the conversion of the company's convertible bonds into shares, and the vesting and listing of equity incentive shares.

2. Share ownership plan for the next 12 months from the date of signing of this report

On January 1, 2025, the company disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn).

According to the announcement of Yirui Technology on the company's shareholders and directors' shareholding reduction plan (Announcement No.: 2025-002), Shanghai Changrui and Shanghai Changze plan to reduce the total number of shares through block trading not more than 1,303,000 shares, that is, no more than 0.91% of the total share capital at the time of the announcement of the company's shareholding reduction plan.

In addition, the information disclosure obligor does not rule out the possibility of increasing or decreasing the shares of the listed company in the next 12 months. If there is a change in relevant rights and interests in the future, the information disclosure obligor will perform the information disclosure obligation in a timely manner in strict accordance with the requirements of relevant laws and regulations.

Section 4: Methods of Changes in Equity and Interests

1. The shares of the listed company held by the information disclosure obligor

Before this equity change, the information disclosure obligor held a total of 25,756,469 shares of the listed company, which came from the pre-IPO shares, equity incentive vesting and equity distribution capital reserve conversion to share capital, accounting for 25.31% of the total shares of the listed company (calculated based on the total number of shares before the equity change of 101,768,143 shares).

2. Changes in rights and interests

Shanghai Changrui and Shanghai Chang will reduce their holdings of the company through block trading on the exchange on January 23, 2025

The total number of shares is 310,991 shares, and as of the date of this report, the information disclosure obligor holds a total of 35,765,705 shares of the company, accounting for 25.00% of the company's total shares (calculated based on the total number of shares of the company on the date of signing this report, which is 143,062,818 shares).

Before the change in equity After the change in equity

Name of shareholder

Total number of shares held (shares) Shareholding ratio (%) Total number of shares held (shares) Shareholding ratio (%)

Yiyuan Herui 16,681,913 16.39 23,354,678 16.32

Shanghai Chang 6,086,956 5.98 8,306,454 5.81

Shanghai Changrui 2,975,000 2.92 4,069,293 2.84

TIEER GU 12,600 0.01 35,280 0.02

Total 25,756,469 25.31 35,765,705 25.00

Note: The shareholding ratio before the change in equity is calculated on the basis of the total number of shares of 101,768,143 shares, and the shareholding ratio after the change in equity is calculated on the basis of the total number of shares of 143,062,818 shares.

3. Restrictions on the rights of shares of listed companies held by information disclosure obligors

As of the date of signing this report, there is no restriction on the rights of the information disclosure obligor to hold the shares of Yirui Technology, including but not limited to the pledge and freezing of the shares.

Section 5 Trading of Listed Shares in the Preceding 6 Months

Except for the changes in equity disclosed this time, the information disclosure obligor did not buy or sell the company's shares in the 6 months prior to the date of signing this report.

Section 6: Other major matters

As of the date of signing this report, the information disclosure obligor has truthfully disclosed the relevant information of this change in equity in accordance with the relevant regulations, and there is no other information that must be disclosed to avoid misunderstanding of the content of this report, and there is no other material information that should be disclosed in accordance with applicable laws but has not been disclosed.

Section 7: Statement by the Disclosure Obligor

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.

Information Disclosure Obligor 1:

______________________________

TIEER GU

Information disclosure obligor 2: Shanghai Yiyuan Herui Investment Consulting Co., Ltd

Legal representative:______________________________

TIEER GU

Information Disclosure Obligor 3: Shanghai Changrui Management Consulting Partnership (Limited Partnership)

Managing Partner: ______________________________

TIEER GU

Information Disclosure Obligor 3: Shanghai Standing Rules Management Consulting Partnership (Limited Partnership)

Managing Partner: ______________________________

TIEER GU

Date: January 24, 2025

Section 8 Documents for reference

1. Documents for reference

1. A copy of the identity certificate of the information disclosure obligor and the business license of the legal person;

2. This report signed by the information disclosure obligor.

2. The place where the documents are prepared for reference

This report and the documents for reference are placed in the office of the Board of Directors of the Company.

Schedule: Short Form Report on Changes in Equity

Basic information

Name of listed company: Shanghai Yirui Optoelectronic Technology Co., Ltd. The location of the listed company is Pudong New Area, Shanghai

firm

Stock abbreviation: Yirui Technology, stock code: 688301

TIEERGU, Shanghai Yiyuan Herui Investment, Shanghai Pudong New Area, China

Name of Information Disclosure Obligor Consulting Co., Ltd., Shanghai Changrui Management Information Disclosure Obligor China (Shanghai) Free Trade Test

Called consulting partnership (limited partnership), on the address of the inspection area of Lingang New Area Xinyang

Haichang Management Consulting Partnership (there are 4 buildings at Highway 1588

Partnership Only)

Number of shares with interest Increase □ decrease? Are there any people acting in concert Yes? No □

Volume change does not change, but the shareholder changes □

The information disclosure obligor is the information disclosure obligor

Is it the first listed company Yes? No□ Is it a public company Yes? No□

Major shareholder: The actual controller

Centralized trading through the stock exchange□ transfer □ by agreement

The method of change of equity (can be administrative transfer or change of state-owned shares□ indirect transfer□

Multiple Choice) Obtaining new shares issued by a listed company□ Enforcement of the □ of the court's ruling

Inheritance□ Gift □

Other? : Reduction of holdings in block trades, passive dilution of shares.

Information disclosure obligor Disclosure Type of shares: unrestricted tradable shares

Number of shares held by the disclosure obligor before the disclosure: 25,756,469 shares held by the information disclosure obligor in total

Number of shares and proportion of shares held by the listed public: 25.31% held by the information disclosure obligor in total (calculated based on the proportion of 101,768,143 issued shares of the total number of shares before the change in equity)

After this change in equity, stock type: unrestricted tradable shares

Change in the ownership of information disclosure obligors: 0.31%

Number of Shares Entitled Number of Shares Held After Change: The total number of shares held by the information disclosure obligor is 35,765,705

and change ratio Shareholding ratio after change: 25.00% held by the information disclosure obligor in total (according to the date of signing this report

The total number of shares of the company is 143,062,818 shares)

Yes□ No□

What is the Disclosure Obligor? (As of the date of signing this report, the information disclosure obligor in the next 12 months will determine whether the overall situation of the securities market in the next 12 months and the business development of the listed company and the stock price of the listed company will be determined in the next 12 months.)

to decide whether to increase or decrease the number of shares in the listed company in which it has an interest. If it happens in the future

For changes in rights and interests, the information disclosure obligor will strictly comply with the requirements of relevant laws and regulations and perform in accordance with the law

Disclosure of information. ）

The information disclosure obligor is in

Was the previous 6 months in Yes□ No? In addition to the changes in equity disclosed this time, the information disclosure obligor is here

There were no other transactions in the company in the secondary market in the 6 months prior to the date of the signing of the report.

Stocks of municipal corporations

(There is no text below, and the signature page is forwarded below)

(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 1:

______________________________

TIEER GU

Information disclosure obligor 2: Shanghai Yiyuan Herui Investment Consulting Co., Ltd

Legal representative:______________________________

TIEER GU

Information Disclosure Obligor 3: Shanghai Changrui Management Consulting Partnership (Limited Partnership)

Managing Partner: ______________________________

TIEER GU

Information Disclosure Obligor 3: Shanghai Standing Rules Management Consulting Partnership (Limited Partnership)

Managing Partner: ______________________________

TIEER GU

Date: January 24, 2025