Anhui Blue Shield Optoelectronics Co., Ltd. Board of Directors
Explanation on Compliance with Article 18 and Article 21 of the "Measures for the Supervision of Listed Companies on the ChiNext Market (Trial)" and Article 8 of the "Administrative Measures for Major Asset Reorganizations of Listed Companies on the Shenzhen Stock Exchange"
Anhui Blue Shield Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") proposes to acquire the controlling stake in Suzhou Lan Chuang Technology Co., Ltd. (hereinafter referred to as "Lan Chuang Technology" or the "Target Company") held by Zheng Yanfei and 6 other counterparties by issuing shares and paying cash. Concurrently, the Company proposes to raise supporting funds by issuing shares to no more than 35 specific investors (hereinafter referred to as the "Transaction").
After careful analysis, the Company's Board of Directors believes that the Transaction complies with Article 18 and Article 21 of the "Measures for the Supervision of Listed Companies on the ChiNext Market (Trial)" (hereinafter referred to as the "Supervision Measures") and Article 8 of the "Administrative Measures for Major Asset Reorganizations of Listed Companies on the Shenzhen Stock Exchange" (hereinafter referred to as the "Reorganization Rules"). The specific details are as follows: