Securities code: 688003 Securities abbreviation: Tianzhun Technology Announcement No.: 2023-005

Suzhou Tianzhun Technology Co., Ltd.

About the controlling shareholder's agreement to transfer part of the company's shares.

Announcement of completion of transfer registration

the company's board of directors and all directors to ensure that the contents of this announcement does not exist any false records, misleading statements or major omissions, and the authenticity, accuracy and completeness of the contents of the legal responsibility.

Suzhou Tianzhun Technology Co., Ltd. (hereinafter referred to as the "Company") received on January 17, 2023.

The notice from the controlling shareholder Suzhou Qingyi Investment Co., Ltd. (hereinafter referred to as "Qingyi Investment") learned that its agreement to transfer part of the company's shares has completed the transfer registration procedures, and has obtained the "Transfer Registration Confirmation" issued by China Securities Depository and Clearing Co., Ltd. The details are as follows:

Basic information 1. the transfer of this share agreement.

On November 29, 2022, Qingyi Investment and Mr. Xu Yihua and Mr. Xu Wei signed the Share Transfer.

According to the Agreement, Qingyi Investment transferred its 15.95 million shares of the Company to Mr. Xu Yihua at a price of 25.12 yuan per share, accounting for 8.19 per cent of the Company's total share capital, and its 13.05 million shares of the Company at a price of 25.12 yuan per share to Mr. Xu Wei, accounting for 6.70 per cent of the Company's total share capital.

The actual controller of the company, Mr. Xu Yihua, holds 55% of the shares of Qingyi Investment, Mr. Xu Wei holds 45% of the shares of Qingyi Investment, Mr. Xu Wei is Mr. Xu Yihua's brother, this transfer is Mr. Xu Yihua and Mr. Xu Wei will part of the indirect shareholding into direct shareholding, does not involve the market reduction. For details, please refer to the "Reminder Announcement on the Transfer of Some Shares of the Company and Changes in Equity by Controlling Shareholders" (Announcement No.: 2022-056), "Simplified Equity Change Report (Qingyi Investment)", "Simplified Equity Change Report (Xu Yihua)" and "Simplified Equity Change Report (Xu Wei)" disclosed on the Shanghai Stock Exchange website (www.sse.com.cn) on November 30, 2022.

2. Shareholdings before and after the transfer of this share agreement.

Before the transfer of this share agreement, after the transfer of this share agreement.

Name of shareholder Nature of shares Total shareholding Percentage of shares Total shareholding Percentage of shares

(10,000 shares) (%) (10,000 shares) (%)

Unlimited sale bar

Qingyi Investment 7,700.00 39.55 4,800.00 24.65

outstanding shares

Unlimited sale bar

Xu Yihua 39.00 0.20 1,634.00 8.39

outstanding shares

Unlimited sale bar

Xu Wei 0 0 1,305.00 6.70

outstanding shares

3. other instructions

This transfer is Mr. Xu Yihua and Mr. Xu Wei's conversion of part of the indirect shareholding to direct shareholding, which does not involve a reduction in the market and will not lead to changes in the controlling shareholder and actual controller of the company.

This transfer complies with the "the People's Republic of China Securities Law", "Administrative Measures for the Acquisition of Listed Companies", "Several Provisions on the Reduction of Shares by Shareholders, Directors, Supervisors, and Senior Executers of Listed Companies" and "Shareholders, Directors, Supervisors, and Senior Management of Listed Companies on the Shanghai Stock Exchange The provisions of relevant laws, regulations and regulatory documents such as the Detailed Rules for the Implementation of Shareholding Reduction.

It is hereby announced.

Board of Directors of Suzhou Tianzhun Technology Co., Ltd.

January 18, 2023