The term of office of the third supervisory board of Shouhang High-tech Energy Technology Co., Ltd. (hereinafter referred to as the "Company") expired on November 18, 2019. In order to successfully complete the general election of the board of supervisors, the board of supervisors of the company, in accordance with the relevant provisions of the Company Law and the articles of Association, the composition of the fourth board of supervisors, the recommendation of supervisor candidates, the procedures of this general election, and the qualifications of supervisor candidates are announced as follows:

I. Composition of the Fourth Board of Supervisors

According to the company's current "Articles of Association", the fourth board of supervisors will be composed of 3 supervisors, of which no less than 1 supervisor will be appointed by employee representatives. The term of office of the supervisor is calculated from the date of election and approval of the relevant shareholders meeting, and the term of office is three years.

II. Mode of Election

According to the provisions of the Articles of Association, the cumulative voting system is adopted in this general election, that is, when the general meeting of shareholders elects supervisors, each share has the same voting rights as the number of shareholder representative supervisors to be elected. Shareholders can use all voting rights to vote in a centralized manner. A proposed shareholder representative supervisor can also be elected by decentralized voting. The election results of shareholder representative supervisors are determined in turn according to the number of votes obtained.

III. Recommendation of candidates for supervisors(For a sample of the recommendation letter of the supervisor candidate, see the annex)

(I) recommendation of candidates for shareholder representative supervisors The board of supervisors of the company, shareholders who individually or collectively hold more than 3% of the total voting shares of the company as of the date of this announcement may nominate candidates for shareholder representative supervisors in writing to the third board of supervisors of the company. The number of shareholder representative supervisors recommended by a single recommender shall not exceed the total number of shareholder representative supervisors to be elected this time.

(2) The generation of employee representative supervisors The employee representative shall be democratically elected by the employee representative assembly of the company.

Procedure for the 4. of this general election

1. The recommender shall, within five days from the date of this announcement (I. e. before March 14, 2020), recommend candidates for supervisors to the Company and submit relevant documents in the manner agreed in this announcement; the Supervisory Board shall also search for candidates for supervisors on its own;

2. After the expiration of the above recommended time, the board of supervisors of the company will hold a meeting to examine the qualifications of the recommended candidates for supervisors, determine the list of candidates for supervisors to be appointed, and submit them to the general meeting of shareholders for deliberation in the form of proposals;

3. Candidates for supervisors shall make a written commitment before the general meeting of shareholders, agree to accept the nomination, and promise that the information is true and complete, and ensure that they perform their duties as supervisors after being elected.

Qualifications of 5. Supervisors

According to the "Company Law", "Articles of Association" and relevant laws and regulations, company supervisor candidates must have professional knowledge in law, finance, accounting, etc., have work experience and work experience suitable for serving as supervisors, and have the ability to communicate with shareholders, Employees and other stakeholders, and ensure that there is enough time and energy to perform the duties of supervisors. Any person who has the facts mentioned in the following clauses cannot serve as a supervisor of the company:

1. No capacity for civil conduct or limited capacity for civil conduct;

2. For embezzlement, bribery, embezzlement of property, misappropriation of property, or disruption of the order of the socialist market economy, he was sentenced to a criminal punishment, and the execution period has not exceeded 5 years, or he was deprived of political rights due to a crime, and the execution period has not exceeded 5 years;

3. If a supervisor, factory director or manager of a company or enterprise that is bankrupt and liquidated is personally responsible for the bankruptcy of the company or enterprise, it has not been more than three years since the date of the completion of the bankruptcy and liquidation of the company or enterprise;

4. If he is the legal representative of a company or enterprise whose business license has been revoked or ordered to close down due to violation of the law, and he is personally responsible, it has not been more than 3 years since the date of revocation of the business license of the company or enterprise;

5. The large amount of debt owed by the individual is due and outstanding;

6, by the China Securities Regulatory Commission imposed a securities market ban punishment, the time limit has not expired;

7. The stock exchange publicly determines that it is not suitable to serve as a director, supervisor or senior manager of a listed company, and the period has not expired;

(8) has been subject to administrative punishment by the stock exchange within the last three years;

9. Those who have been publicly condemned or criticized by the stock exchange more than three times in the last three years;

10. Investigation by judicial organs for suspected crimes or investigation by the China Securities Regulatory Commission for suspected violations of laws and regulations, and no clear conclusions have been reached;

11. Publicized by the CSRC on the public inquiry platform for illegal and untrustworthy information in the securities and futures market or included in the list of untrustworthy persons subject to enforcement by the people's court;

12. Other personnel stipulated by laws, regulations and normative documents.

VI. Relevant documents to be provided by the recommender:

(1) To recommend candidates for supervisors, the following documents must be provided to the board of supervisors of the company:

1. Recommendation letter of supervisor candidates (original);

2. A copy of the identity certificate of the recommended supervisor candidate;

3. Copies of academic qualifications and degree certificates of the recommended supervisor candidates;

4. Other documents that can prove compliance with the conditions stipulated in this announcement.

(II) If the recommender is a shareholder of the Company, the recommender shall also provide the following documents:

1. If it is an individual shareholder, a copy of his identity certificate shall be provided;

2. If it is a legal person shareholder, it is necessary to provide a copy of its business license (with official seal);

3. Copy of stock account card.

(3) The method of recommending candidates for supervisors to the board of supervisors of the company is as follows:

1. This recommendation is limited to personal delivery or mailing.

2. The recommender must deliver or mail the relevant documents to the designated contact person of the company (subject to the postmark time of receipt) before 16:00 on March 14, 2020. The prescription is valid.

VII. Contact Information

Contacts: Zhang Baoyuan and Anshiya

Contact Department: Securities Department

Tel: 010-52255555

Contact Fax: 010-52256633

Contact address: Building 20, Area 3, Headquarters Base, 188 South 4th Ring Road West, Beijing

Postal Code: 100070

It is hereby announced.

Shouhang Gaoke Energy Technology Co., Ltd.

Supervisory Board

March 9, 2020