Today's Information

Provided by: LONGWELL COMPANY
SEQ_NO 4 Date of announcement 2022/03/25 Time of announcement 19:29:15
Subject
 Announcement on behalf of the subsidiary Guangxi
Pilot Free Trade Zone Longwell Electronics Co., LTD. has
signed a construction contract to build on its land.
Date of events 2022/03/25 To which item it meets paragraph 20
Statement
1.Type of contract:Engaging others to build on its land
2.Date of occurrence of the event:2022/03/25
3.Counterparty to the contract and relationship with
the Company:
Guangxi Xingdi Construction Engineering Co., LTD
non-related party
4.Major content of the contract (including total contract
amount, anticipated monetary amount of participation in the
investment, and start and end dates of the contract),
restrictive covenants, and other important terms and
conditions:
The contract amount:RMB 129,803,967.01
5.Name of the professional appraisal firm or company and
its appraisal opinion:N/A
6.Name of the real property appraiser:N/A
7.Practice certificate number of the real property appraiser:N/A
8.Concrete purpose of the acquisition:For production and operation
9.Any dissenting opinions of directors to the present
transaction:None
10.Whether the counterparty of the current transaction is
a related party:No
11.Date of the board of directors' resolution:2022/03/25
12.Date of ratification by supervisors or approval by the
 audit committee:2022/03/25
13.The appraisal report has a limited price, specific price,
or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:N/A
16.Reason for any significant discrepancy with the appraisal
reports and opinion of the CPA:N/A
17.Name of the CPA firm:N/A
18.Name of the CPA:N/A
19.Practice certificate number of the CPA:N/A
20.29.Any other matters that need to be specified:None

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Longwell Co. published this content on 25 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2022 11:46:11 UTC.