Simplified Equity Change Report (Chengdu Rural Commercial Bank)

1. Basic Information

Listed Company Name: Chengdu Tianxiang Environment Co., Ltd.
Listing Location: Shenzhen Stock Exchange
Stock Abbreviation: Tianxiang Environment
Stock Code: 300362
Information Disclosure Obligor: Chengdu Rural Commercial Bank Co., Ltd.
Contact Address: No. 88, Kehua Middle Road, Wuhou District, Chengdu
Nature of Share Change: Increase in Shares
Signing Date: June 25, 2021

2. Statement of Information Disclosure Obligor

1. This report is prepared in accordance with the Securities Law of the People's Republic of China, the Measures for the Administration of Acquisitions of Listed Companies, and relevant laws, regulations, and normative documents.
2. The information disclosure obligor has obtained necessary authorization and approval for signing this report, and its execution does not violate any provisions of its articles of association or internal rules.
3. This report fully discloses the changes in the equity held by the information disclosure obligor in Chengdu Tianxiang Environment Co., Ltd. (hereinafter referred to as "Tianxiang Environment" or "the listed company").
4. As of the signing date of this report, apart from the disclosed information, the information disclosure obligor has not increased or decreased its equity in Tianxiang Environment through any other means.
5. This equity change is based on the information contained in this report. No other person has been entrusted or authorized to provide information not listed in this report or to make any explanations or statements regarding this report.
6. The information disclosure obligor commits that this report does not contain false records, misleading statements, or major omissions, and assumes corresponding legal responsibilities for its authenticity, accuracy, and completeness.

3. Table of Contents

1. Definitions ...................................................... 4
2. Introduction of Information Disclosure Obligor ................. 5
3. Purpose of Shareholding Change and Shareholding Plan .... 7
4. Method of This Equity Change .................................. 9
5. Trading of Tianxiang Environment Shares in the Past 6 Months ................. 10
6. Other Significant Matters ........................................ 11
7. Documents for Reference ......................................... 12

4. Definitions

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

• Tianxiang Environment, the listed company refers to Chengdu Tianxiang Environment Co., Ltd., listed on the Shenzhen Stock Exchange, stock code: 300362
• Chengdu Intermediate Court, the court refers to the Chengdu Intermediate People's Court
• Beijing DeHeng Law Firm, Xinyong Zhonghe Accounting Firm (Special General Partnership) Chengdu Branch
• Information Disclosure Obligor refers to Chengdu Rural Commercial Bank Co., Ltd.
• This report, this report refers to the Simplified Equity Change Report of Chengdu Tianxiang Environment Co., Ltd.
• This equity change, change, this change refers to the capital reserve conversion to increase share capital in Tianxiang Environment's restructuring plan, resulting in an increase in the number of shares held by Chengdu Rural Commercial Bank Co., Ltd.
• Exchange, SZSE refers to the Shenzhen Stock Exchange
• CSRC refers to the China Securities Regulatory Commission
• Yuan, ten thousand refers to RMB Yuan, RMB ten thousand
  Any discrepancies in totals in tables in this report are due to rounding.