Securities code: 688389 Securities abbreviation: Pumen Technology Announcement No.: 2023-005.

Shenzhen Pumen Technology Co., Ltd.

Announcement on the Completion of Non-trading Transfer of Securities by Shareholders of the Company

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.

Shenzhen Pumen Technology Co., Ltd. (hereinafter referred to as "the Company" and "Pumen Technology") in 2023

On January 31, 2010, we received a notice from the company's shareholders Xiamen Puyu Investment Co., Ltd. (hereinafter referred to as "Xiamen Puyu") and Xiamen Ruib Investment Co., Ltd. (hereinafter referred to as "Xiamen Ruib"), the 22,570,759 shares of unrestricted tradable shares held by Xiamen Puyu (accounting for 5.35 of the total share capital of the company) have been registered in Xiamen Qiaochuan Investment Partnership (Limited Partnership), Liu Xiancheng, Wang Hong, Peng Guoqing, Pan Lin, Zeng Ying, Huang Ning, Liu Zhongyang and Liu Xiaofang through non-trading transfer of securities, the 23,057,666 shares of unrestricted tradable shares (accounting for 5.46 of the total share capital of the company) held by Xiamen Ruib have been registered in Xiamen Purong Investment Partnership (Limited Partnership), Qiu Liang, Li Dawei, Liu Min, Hu Minglong, Lu Guoqiang, Liu Xiaofang, Yang Jun, HAN YI and Liu Xiancheng through non-trading transfer of securities. Relevant procedures have been completed, and obtained the "Confirmation of Transfer Registration" issued by China Securities Depository and Clearing Co., Ltd. The specific circumstances of the announcement are as follows:

1. Xiamen Puyu, Xiamen Ruib Securities non-trading transfer details.

Xiamen Puyu Securities non-trading transfer details:

Total Company

Sequence Transfer Quantity

Percentage of equity of the outgoing party and the incoming party.

No. (unit)

(%)

Xiamen Qiaochuan Investment Partnership

1 12,744,575 3.0186

(Limited Partnership)

2 Liu Xiancheng 3,384,408 0.8016

3 Wang Hong 2,203,043 0.5218

4 Peng Guoqing 1,542,157 0.3653

5 Xiamen Puyu Pan Lin 1,101,521 0.2609

6 Zeng Ying 826,141 0.1957

7 Huang Ning 218,154 0.0517

8 Liu Zhongyang 440,608 0.1044

9 Liu Xiaofang 110,152 0.0261

Total 22,570,759 5.3460

Xiamen Ruibu Securities non-trading transfer details:

Total Company

Sequence Transfer Quantity

Percentage of equity of the outgoing party and the incoming party.

No. (unit)

(%)

Xiamen Purong Investment Partnership

1 5,607,106 1.3281

(Limited Partnership)

2 Qiu Liang 4,090,385 0.9688

3 Li Dawei 3,599,539 0.8526

4 Liu Min 2,508,764 0.5942

5 Xiamen Ruib Hu Minglong 2,181,539 0.5167

6 Lu Guoqiang 2,181,539 0.5167

7 Liu Xiaofang 1,199,846 0.2842

8 Yang Jun 763,539 0.1808

9 HAN YI 763,539 0.1808

10 Liu Xiancheng 161,870 0.0383

Total 23,057,666 5.4613

2. other relevant instructions

1, Xiamen Puyu, Xiamen Rib in the company's initial public offering of shares to make the following commitments:

(1) Within thirty-six months from the date of listing of the issuer's shares, the Company will not transfer or entrust others to manage the shares of the issuer held directly or indirectly by the Company prior to the issuer's initial public offering (except for the shares publicly offered at the time of the initial public offering), nor will the issuer repurchase such shares. If there is a change in the Company's holdings of the Issuer's shares as a result of the Issuer's equity distribution, etc., the above commitment will still be complied.

(2) Within six months after the listing of the issuer, if the closing price of the issuer's shares for twenty consecutive trading days is lower than the issue price of the initial public offering, or the closing price at the end of the six months after the listing is lower than the initial public offering The issue price of the company, the lock-up period of the issuer's shares held by the company will be automatically extended for six months. If the enterprise reduces its holdings of the issuer's shares within two years after the expiration of the above-mentioned lock-up period, the reduction price shall not be lower than the issue price of the initial public offering.

(3) after the expiration of the above commitment period, the enterprise undertakes to reduce its shares of the issuer in accordance with the relevant laws and regulations of the state (including but not limited to the relevant provisions of the China Securities Regulatory Commission and the Shanghai Stock Exchange), including but not limited to the secondary market auction trading method, block trading method, agreement transfer method, etc.

2, this securities through the party, the company's chairman Liu Xiancheng, directors Hu Minglong, Zeng Ying, Wang Hong, supervisors Liu Min, Yang Jun, senior management personnel Qiu Liang, Li Dawei, and core technical personnel Peng Guoqing will strictly abide by the "Company Law", "Securities Law", and "Shareholders of Listed Companies, Several Provisions on the Reduction of Shares by Directors, Supervisors, and Senior Managers of Listed Companies on the Shanghai Stock Exchange" and other relevant laws, the relevant provisions of administrative regulations, departmental rules and normative documents on the trading of shares of directors, supervisors, senior managers and core technical personnel of listed companies and their respective commitments made in the initial public offering of shares.

3. Due to the dissolution of Xiamen Puyu and Xiamen Ruib, all shareholders who have acquired the shares of the Company through non-transaction transfer will conduct overall management of the shares of the Company held by them through Xiamen Qiaochuan Investment Partnership (Limited Partnership), Xiamen Purong Investment Partnership (Limited Partnership) and individual shareholders. This time due to the dissolution of Xiamen Puyu, Xiamen Ruib, through the form of non-trading transfer to obtain the shares of Pumen Technology all shareholders commitment, will continue to fulfill Xiamen Puyu, Xiamen Ruib as the company's major shareholders need to comply with all kinds of reduction requirements.

4. Xiamen Puyu and Xiamen Ruib do not belong to the controlling shareholder and actual controller of the Company, and the non-trading transfer of securities by Xiamen Puyu and Xiamen Ruib will not lead to a change in the control of the Company, nor will it have a material adverse impact on the governance structure and continuing operation of the Company.

3. Documents for Reference

1. Confirmation of Transfer Registration of China Securities Depository and Clearing Corporation Limited.

2, "Xiamen Puyu Investment Co., Ltd., Xiamen Rib Investment Co., Ltd. to complete the securities non-trading transfer notice letter."

It is hereby announced.

Board of Directors of Shenzhen Pumen Technology Co., Ltd.

February 03, 2023