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An Explanation of Stock Price Fluctuations Before the Announcement of the Transaction Information by Anhui Blue Shield Optoelectronics Co., Ltd. Board of Directors

Blue Shield Optoelectronics Co., Ltd.··2 pages

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Anhui Blue Shield Optoelectronics Co., Ltd. is explaining its stock price fluctuations before a proposed acquisition and private placement. The company's stock price saw a cumulative decline of 2.71% in the 20 trading days before its suspension. After adjusting for market and industry factors, the stock price increase was 14.30%, indicating no abnormal fluctuations.

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Anhui Blue Shield Optoelectronics Co., Ltd. Board of Directors

Explanation of Company Stock Price Fluctuations Before the Announcement of Transaction Information

Anhui Blue Shield Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") intends to acquire the controlling stake in Suzhou Lan Chuang Technology Co., Ltd. (hereinafter referred to as "Lan Chuang Technology") held by Zheng Yanfei and six other parties by issuing shares and paying cash. The Company also plans to raise supporting funds by issuing shares to no more than 35 specific investors (hereinafter referred to as the "Transaction"). For details, please refer to the relevant announcements disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn).

In accordance with relevant laws and regulations, the Company's board of directors has self-inspected the fluctuation of the company's stock price before the suspension of trading. The results are as follows:

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