Anhui Blue Shield Optoelectronics Co., Ltd. Board of Directors' Statement on Whether the Transaction Constitutes a Major Asset Reorganization, Connected Transaction, and Restructuring and Listing

Anhui Blue Shield Optoelectronics Co., Ltd. Board of Directors' Statement on Whether the Transaction Constitutes a Major Asset Reorganization, Connected Transaction, and Restructuring and Listing

Anhui Blue Shield Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") proposes to acquire the controlling interest in Suzhou Lancuang Technology Co., Ltd. (hereinafter referred to as "Lancuang Technology" or the "Target Company") held by Zheng Yanfei and six other transferors through the issuance of shares and payment of cash. Concurrently, the Company plans to issue shares to no more than 35 specific investors to raise supporting funds (hereinafter referred to as the "Transaction").