Orient Securities Underwriting Sponsorship Company Limited

About Shanghai Hehui Optoelectronics Co., Ltd

Verification opinions on the departure of core technical personnel

(hereinafter referred to as the "sponsor") as the sponsor of Shanghai Hehui Optoelectronics Co., Ltd. (hereinafter referred to as the "Company" and "Hehui Optoelectronics") for the initial public offering of shares and listing on the Science and Technology Innovation Board, in accordance with the "the People's Republic of China Company Law", "the People's Republic of China Securities Law", "Securities Issuance and Listing Sponsor Business Management Measures", "Shanghai Stock Exchange Science and Technology Innovation Board Stock Listing Rules", "Shanghai Stock Exchange Listed Companies Continuous Supervision Work Guidelines" and other laws, regulations and regulations According to the requirements of the normative documents, the resignation of the core technical personnel of Hehui Optoelectronics has been carefully verified, and the verification opinions are as follows:

Details of the departure of 1. core technical staff

The company's core technical staff, Mr. Yoshiro Yamamoto, resigned from his post for personal reasons and returned to Japan after completing the resignation procedures recently.

1, the specific situation of the core technical personnel.

Yoshiro Yamamoto, male, born in 1974, Japanese nationality, bachelor degree in electronics. 2002 to 2013

In, he served as the chief engineer of Taiwan Qunchuang Opto-electronics Co., Ltd.; from 2013 to 2017, he served as an engineer of Apple Inc. (Apple Inc.); since April 2017, he has served as the company's research and development minister, mainly responsible for the research and development of technologies related to tablet/laptop products.

2. Patent situation

The patents that Mr. Yamasuhiro participated in during his tenure in the company are not patents of a single inventor and are job inventions, and the ownership of the aforementioned patents belongs to the company, and there are no disputes or potential disputes involving job inventions.

3. Confidentiality and whereabouts

According to the "Confidentiality Agreement" signed by the company and Mr. Yamamoto Da Lang, it is agreed that during the existence of the labor relationship and after the termination of the labor relationship, the company's business, technology, marketing, finance and other management related information should be kept confidential. Upon his or her separation from service, return all documents, documents, drawings, notes, manuals, specifications, designs, devices, computer disks, tapes, materials and equipment, computer equipment and other property, together with any materials containing or disclosing any Confidential Information in any form.

According to the Letter of Commitment for the Separation of Core Technical Personnel signed by Mr. Yoshiro Yamamoto, except with the prior written consent of the Company, within two years after his resignation, he will not accept the employment of any natural person, legal person or other economic organization that has a competitive relationship with the company or engages in similar business, or serve it in any other way (including but not limited to serving as a shareholder, partner, director, Supervisor, manager, agent, consultant, etc., and will not do any part-time work); he will not produce, operate, develop similar products or provide similar services; do not directly or indirectly invest in the establishment of legal entities to produce, operate, develop similar products or engage in similar business. As of the disclosure date of this announcement, the company has not found Mr. Yamasa Da Lang to work for competitors.

The impact of 2. core technical staff turnover on the company

Through long-term technology accumulation and development, the company has established a complete core technology system, and cultivated a young, efficient, struggling and creative R & D technology team. Team members are responsible for their own responsibilities and ultimately form.

There is no single dependence on specific core technical personnel. As of December 31, 2021,

The company has 1,268 technical staff.

As of the disclosure date of this announcement, the company's other core technical personnel have not changed. The core technical personnel are 12 and the personnel are stable. The details are as follows:

Name of core technical personnel

Liu Huiran, Chen Zhihong, Zou Zhongzhe, Xu Liang, Wang Junmin, Yoshihiro Morimoto, Tosho Ota, Liang Yi

Nan, Lin Xinzhi, Hao Haiyan, Li Yanhu, Liu Yingjun

To sum up, the resignation of Mr. Yamasa Da Lang will not affect the integrity of the company's core technology, will not have a substantial impact on the company's production and operation, and will not have a significant adverse impact on the company's core competitiveness, business development and product innovation.

Measures taken by 3. companies

At present, Mr. Yamamoto Da Lang has completed the work handover with the company's research and development team, and the company's production and operation continue to be stable. At present, the company's technical team structure is complete, the reserve staff is sufficient, the existing technical team and core technical personnel can support the company's future core technology continuous development.

Verification opinions of 4. sponsor institutions

Upon verification, the sponsor believes that:

1. The company's technical team and core technical personnel are generally stable. Mr. Yamasa Da Lang has handled the handover of related work with the company, and his resignation will not have a substantial impact on the company's production and operation;

2. The patents applied by Mr. Yamagita Yoshita during his tenure in the company are not patents of a single inventor and are job inventions. The ownership of the aforementioned patents belongs to the company, and there are no disputes or potential disputes involving job inventions. At the same time, Mr. Yamagita Yoshita Yoshita has signed relevant confidentiality agreements and resignation undertakings, including confidentiality, non-competition and other provisions;

3. At present, the company's technical team has a complete structure and sufficient reserve personnel. The existing technical team and core technical personnel can support the continuous development of the company's future core technology.

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