I. Meetings of the Board of Supervisors

The seventh meeting of the fourth board of supervisors of Shouhang high tech Energy Technology Co., Ltd. (hereinafter referred to as "the company") was held on April 28, 2021 in building 20, area 3, headquarters base, 188 South Fourth Ring Road West, Fengtai District, Beijing. The notice of the meeting and relevant materials were delivered to all supervisors by mail, telephone and fax on April 18, 2021. The meeting of the board of supervisors was convened and presided over by Mr. Gao Feng, chairman of the board of supervisors. There were 3 supervisors present at the meeting, and 3 supervisors were actually present. It complied with the provisions of relevant laws and regulations such as the Company Law of the People's Republic of China and the Articles of Association, and the resolutions made were legal and effective. After discussion and voting by all supervisors, the following resolutions were unanimously adopted:

II. Deliberations of the Board of Supervisors Meeting

1. Deliberated and passed the "Proposal on the Work Report of the Company's Board of Supervisors for 2020"

The motion was approved by 3 votes, 0 votes against and 0 abstentions, agreeing to submit the motion to the Company's 2020 Annual General Meeting of Shareholders for consideration.

For the full text, please refer to the Company's designated information disclosure media, Juchao Information Network (http://www.cninfo.com.cn).

2. Deliberated and passed the "Proposal on the Company's Financial Final Accounts for 2020"

The motion was approved by 3 votes, 0 votes against and 0 abstentions, agreeing to submit the motion to the Company's 2020 Annual General Meeting of Shareholders for consideration.

For the full text, please refer to the Company's designated information disclosure media, Juchao Information Network (http://www.cninfo.com.cn).

3. Deliberated and passed the "Proposal on the Company's Profit Distribution Plan for 2020"

Dividend Plan for 2020: The Company has decided not to pay cash dividends and bonus shares to shareholders in 2020, and not to increase the share capital with the capital reserve fund.

The motion received 3 votes in favor, 0 votes against and 0 abstentions.

Upon examination, the Supervisory Board is of the opinion that the Company's profit distribution plan for 2020 is in compliance with the relevant provisions of the CSRC's "Guidelines for the Supervision of Listed Companies No. 3-Cash Dividends of Listed Companies" and the Articles of Association of the Company. It is conducive to the sustained, stable and healthy development of the company, with legality, compliance and rationality, and is in the interests of the company and all shareholders. Therefore, we agree to the Company's plan for no profit distribution in 2020 and agree to submit the plan to the Company's 2020 Annual General Meeting for consideration.

4. Consideration and adoption of the Bill on the Self-Evaluation Report on Internal Control of the Company for 2020

The motion was approved by 3 votes, 0 votes against and 0 abstentions, agreeing to submit the motion to the Company's 2020 Annual General Meeting of Shareholders for consideration.

The Supervisory Board reviewed the Company's internal control self-evaluation for 2020, and the Supervisory Board is of the opinion that: the Company has established and perfected an internal control system, which is in line with the requirements of China's existing laws, regulations and securities regulatory authorities; it has established a relatively complete internal control system, which is in line with the needs of the actual operation of the Company in the current period. There were no violations of relevant regulatory requirements by the Company in 2020. The self-evaluation report of the company's internal control system comprehensively and truly reflects the actual situation of the company's internal control, and the overall evaluation of internal control is objective and accurate.

For the full text, please refer to the Company's designated information disclosure media, Juchao Information Network (http://www.cninfo.com.cn).

5. Deliberated and passed the "Proposal on the Special Report on the Annual Deposit and Actual Use of Raised Funds"

The motion was approved by 3 votes, 0 votes against and 0 abstentions, agreeing to submit the motion to the Company's 2020 Annual General Meeting of Shareholders for consideration.

For the full text, please refer to the Company's designated information disclosure media, Juchao Information Network (http://www.cninfo.com.cn).

6. considered and adopted the Bill on the Full Text of the Company's 2020 Annual Report and its Summary

The motion received 3 votes in favor, 0 votes against and 0 abstentions.

Upon review, the Supervisory Board of the Company issued the following review opinion on the Full Text of the 2020 Annual Report and its Summary: The preparation and review procedures of the Full Text of the 2020 Annual Report and its Summary are in compliance with the relevant provisions of laws, regulations and the Articles of Association of the Company. Its content and format are in line with the regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, and the information contained can truly, accurately and completely reflect the company's operation, management and financial situation for the year, and there are no false records, misleading statements or material omissions. It was agreed to submit the motion to the Company's 2020 Annual General Meeting for consideration.

For the full text, please refer to the company's designated information disclosure media "Securities Times", "Shanghai Securities News" and Juchao Information Network (http://www.cninfo.com.cn).

7. Deliberated and passed the "Proposal on Renewing the Appointment of Accounting Firms"

The motion was approved by 3 votes, 0 votes against and 0 abstentions, agreeing to submit the motion to the Company's 2020 Annual General Meeting of Shareholders for consideration.

After verification, the Board of Supervisors believes that Zhongxing Cai Guanghua Certified Public Accountants (Special General Partnership) is qualified to audit securities and futures-related businesses, and has rich experience and professionalism in auditing listed companies. During his tenure as the company's audit institution, he was able to meet the requirements of the company's financial audit work, adhering to the principles of independence, objectivity and impartiality, diligent and conscientious, and ensured the truthfulness, accuracy and completeness of the company's audit report. The Supervisory Board agreed to renew the appointment of ZTE Caiguang Huawei's 2021 audit institution.

For the full text, please refer to the company's designated information disclosure media "Securities Times", "Shanghai Securities News" and Juchao Information Network (http://www.cninfo.com.cn).

8. Deliberated and passed the "Proposal on the Full Text and Text of the Company's First Quarter 2021 Report"

The motion received 3 votes in favor, 0 votes against and 0 abstentions.

Upon review, the Supervisory Board of the Company issued the following review opinion on the "Full Text and Text of the First Quarter Report 2021": The preparation and review procedures of the full text and text of the Company's First Quarter Report 2021 are in compliance with the relevant provisions of laws, regulations and the Articles of Association of the Company. Its content and format are in line with the regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, and the information contained can truly, accurately and completely reflect the company's operation, management and financial situation for the year, and there are no false records, misleading statements or material omissions.

For the full text, please refer to the company's designated information disclosure media "Securities Times", "Shanghai Securities News" and Juchao Information Network (http://www.cninfo.com.cn).

9. Deliberated and passed the "Proposal on Changing the Implementation Location and Investment Amount of Some Fund-raising Projects"

This motion was approved by 3 votes, 0 votes against and 0 abstentions, and this motion has yet to be submitted to the Company's 2020 Annual General Meeting for consideration.

For the full text, please refer to the company's designated information disclosure media "Securities Times", "Shanghai Securities News" and Juchao Information Network (http://www.cninfo.com.cn).

III. Documents for Reference

1. Resolution of the seventh meeting of the fourth board of supervisors of the company.

It is hereby announced.

 

Shouhang Gaoke Energy Technology Co., Ltd.

Supervisory Board

28 April 2021