The board of directors and all directors of the company guarantee that the content of this announcement does not contain any false records, misleading statements or major omissions, and bear individual and joint responsibility for the authenticity, accuracy and completeness of its content.

● The amount of wealth management recovered this time: 85 million yuan

● The name of the wealth management product recovered this time: Minsheng Tiantian Increased Profits for Public Wealth Management Products

● Obtained Income: 460,200 RMB

● The review procedures performed: Shanghai Lianming Machinery Co., Ltd. (hereinafter referred to as the "Company") held the third meeting of the Fifth Board of Supervisors on April 9, 2021 The fourth meeting of the fifth board of directors held the 2020 Annual General Meeting of Shareholders on May 7, 2021, and the "Proposal on Shanghai Lianming Machinery Co., Ltd.'s Use of Idle Self-owned Funds to Purchase Wealth Management Products" was reviewed and approved.

1. Use part of idle self-owned funds to purchase wealth management products at maturity and redemption.

On May 17, 2021, the company and its subsidiaries will use their own funds to entrust wealth management Part of the product was redeemed, and a total of RMB 85 million was recovered in principal, and a wealth management income of RMB 460,200 was obtained. The circumstances of this redemption at maturity are as follows:

2. As of the date of this announcement, the company has used its own funds to entrust financial management in the last twelve months

Shanghai Lianming Machinery Co., Ltd. Limited company

May 18, 2012