I. Explanation of the Appointment of the Lead Underwriter
San Sheng Smart Education Technology Co., Ltd. (hereinafter referred to as "the Company" or "San Sheng Education") received the Shenzhen Stock Exchange's (hereinafter referred to as "SZSE") decision on June 19, 2024, regarding the termination of the Company's stock listing (Shenzhen Stock Exchange [2024] No. 474). The SZSE has decided to terminate the listing of the Company's stock. After the termination, the Company's stock will be transferred to the delisting segment managed by the National Equities Exchange and Quotations Co., Ltd.
According to the "Shenzhen Stock Exchange Growth Enterprise Market Listing Rules" and the "Implementation Measures for the Transfer of Delisted Companies to the Delisting Segment," the Company is required to appoint a qualified securities company as the lead underwriter and sign relevant agreements to provide share transfer services. The appointed underwriter will also handle matters related to the stock exchange's market registration and settlement system, including share exit registration, share re-confirmation, and registration and settlement.