Shouhang Gaoke Energy Technology Co., Ltd. (hereinafter referred to as the "Company" or "Shouhang Gaoke") disclosed the "Reminder Announcement on the Second Judicial Auction of Part of Shareholders' Shares" (Announcement No. 2022-019) on April 9, 2022, mr. Huang Wenjia, a shareholder of the company, holds 17,500,000 shares of the company from 10:00 on April 14, 2022 to 10:00 on April 15, 2022 (except for delayed) on the Alibaba Judicial Auction Network Platform of Beijing Second Intermediate People's Court (https://sf.taobao.com/010/01) for the second public auction. The number of shares in this judicial auction is 17,500,000, accounting for 23.31 per cent of the total shares of the company and 0.69 per cent of the total share capital of the company. The auction has been carried out on schedule, and the auction is hereby announced as follows:

1. this auction

The company recently conducted an inquiry through the Alibaba Judicial Auction Network Platform (https://sf.taobao.com/010/01) of the Beijing Second Intermediate People's Court and learned that part of the company's shares held by the company's shareholder Mr. Huang Wenjia were sold by the second judicial auction. The specific results of the second auction are as follows:

According to the "Confirmation of Successful Online Bidding" issued by Alibaba's Judicial Auction Online Platform, the online auction result is: the user's name Zhang Beilong won the highest bid in the public bidding of the "First Airlines High-tech 17500000 Shares" project launched by Beijing No.2 Intermediate People's Court on Ali Auction Platform through bidding number T5904.

The reason for this auction is the judicial auction of the default of the share pledge financing guarantee. A total of 17,500,000 shares of the company held by Mr. Huang Wenjia were sold, accounting for 0.69 of the total share capital of the company. The total transaction amount was 53,420,000.00 yuan, and the transaction price was about 3.05 yuan per share.

The final transaction of the subject matter shall be subject to the auction transaction ruling issued by the Second Intermediate People's Court of Beijing.

II. Risk Tips and Other Instructions

1. As of the disclosure date of this announcement, Mr. Huang Wenjia, a shareholder of the company, holds a total of 75,089,261 shares of the company, accounting for 2.96 of the total shares of the company. The cumulative number of shares of the Company held by it is pledged is 74,836,416 shares, accounting for 99.66 per cent of the total number of shares of the Company and 2.95 per cent of the total number of shares of the Company; the cumulative number of shares of the Company held by it is judicially frozen is 75,089,261 shares, accounting for 100 per cent of the total number of shares of the Company and 2.96 per cent of the total number of shares of the Company.

2. The completion of this judicial auction will lead to a reduction in the shareholding ratio of the company's controlling shareholders and actual controllers, and there may be unstable control rights. However, based on the provisions of the articles of Association and the proportion of the actual controller in the management of the company, this judicial auction will not lead to a change in the control of the company for the time being, nor will it have a significant impact on the normal production and operation of the company. As of the disclosure date of this announcement, all the shares sold in this judicial auction have not yet completed the transfer procedures. If the passive reduction of the transfer in this judicial auction is completed, the shares of the company held by Mr. Huang Wenjia, the shareholder of the company, will be reduced from 75,089,261 shares to 57,589,261 shares (the 3,850,000 shares sold in the judicial auction on February 22, 2022 have not yet completed the share delivery. Therefore, this base is based on the current number of shares held by the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited).

the company will continue to pay attention to the auction of the follow-up related equity changes and progress, and in accordance with the relevant provisions of the timely performance of information disclosure obligations. All information of the company shall be subject to the information published in the designated media. Please the majority of investors to pay attention to investment risk.

It is hereby announced.

Shouhang Gaoke Energy Technology Co., Ltd.

Board of Directors

April 15, 2022