Shenzhen Up-shine Lighting Co., Ltd.
Report on Issuance of Shares for Asset Acquisition and Related Party Transactions (Revised Draft)
Stock Code: 301362
Stock Abbreviation: Up-shine Lighting
Listing Venue: Shenzhen Stock Exchange
[Image: Up-shine Lighting Logo]
| Transaction Item | Counterparty |
|---|---|
| Issuance of shares for asset acquisition | Xiamen Maida Intelligent Technology Co., Ltd. |
Independent Financial Advisor
[Image: CITIC Securities Logo]
July 2026
Declaration
The terms or abbreviations used in this section have the same meanings as those defined in the "Definitions" section of this report summary.
I. Company Declaration
The Company and all directors and senior management guarantee that the contents of this report and its summary are true, accurate, and complete, and contain no false records, misleading statements, or major omissions, and they assume corresponding legal liability for the authenticity, accuracy, and completeness thereof.
The Company's controlling shareholder, actual controller, directors, and senior management undertake: If the information provided or disclosed for this transaction is suspected of containing false records, misleading statements, or major omissions, and is subject to case filing and investigation by judicial authorities or the China Securities Regulatory Commission (CSRC), they will not transfer the shares held in the listed company until the investigation conclusion is clear. They shall submit a written application for suspension of transfer and their stock account to the Company's Board of Directors within two trading days of receiving the notice of investigation, and the Board of Directors shall apply to the stock exchange and the registration and clearing company for a lock-up on their behalf. If the application is not submitted within two trading days, they authorize the Board of Directors to verify and directly report identity and account information to the stock exchange and registration and clearing company to apply for a lock-up. If the Board of Directors fails to report, they authorize the stock exchange and registration and clearing company to lock the relevant shares directly. If the investigation concludes that there are violations, the Company/the individual promises that the locked shares will be voluntarily used for investor compensation arrangements.
The person in charge of the Company, the person in charge of accounting work, and the head of the accounting department guarantee the authenticity, accuracy, and completeness of the financial and accounting data in this report and its summary.
The matters related to this transaction described in this report and its summary do not represent a substantive judgment, confirmation, or approval by the CSRC or the Shenzhen Stock Exchange. Any decision or opinion made by the approval authorities regarding this transaction does not indicate a substantive judgment or guarantee regarding the value of the Company's shares or investor returns. The effectiveness and completion of the matters related to this transaction are still subject to the approval or consent of the competent regulatory authorities.
All shareholders and other public investors are requested to carefully read all information disclosure documents related to this transaction and make prudent investment decisions. The listed company will disclose relevant information in a timely manner according to the progress of this transaction.
Shareholders and other investors are advised to note: After the completion of this transaction, the Company shall be solely responsible for changes in its operations and earnings; investment risks arising from this transaction shall be borne by the investors themselves.
When evaluating this transaction, investors should carefully consider the various risk factors disclosed in this report in addition to the content of this report and simultaneously disclosed documents. If investors have any questions about this report, they should consult their stockbroker, lawyer, professional accountant, or other professional advisor.