Anhui Blue Shield Optoelectronics Co., Ltd. Board of Directors
Explanation on the Completeness and Compliance of Legal Procedures and the Effectiveness of Legal Documents Submitted for the Transaction
Anhui Blue Shield Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") intends to acquire the controlling stake in Suzhou Lancheng Technology Co., Ltd. (hereinafter referred to as "Lancheng Technology") held by Zheng Yanfei and 6 other parties through the issuance of shares and payment of cash, and simultaneously intends to raise supporting funds by issuing shares to no more than 35 specific investors (hereinafter referred to as the "Transaction").