A-share securities code: 688385 Securities abbreviation: Fudan Microelectronics Announcement No.: 2024-062

Hong Kong stock stock code: 01385 Stock abbreviation: Shanghai Fudan

Shanghai Fudan Microelectronics Group Co., Ltd

Announcement on the progress of investment in industrial funds and related party transactions

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

1. Overview of investment funds:

The 25th meeting of the 8th board of directors and the 9th meeting of the 8th board of supervisors of Shanghai Fudan Microelectronics Group Co., Ltd. (hereinafter referred to as the "Company" and "Fudan Microelectronics") deliberated and approved the "Proposal on Foreign Investment Industrial Investment Funds and Related Party Transactions", and the company, as a limited partner of Shanghai Haojun Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Haojun Venture Capital" or "Fund"), subscribed and contributed RMB

25.00 million yuan, accounting for no more than 25.00% (inclusive) of the partnership, see the company's August 2021 for details

On March 30, the "Announcement on Overseas Investment Industrial Funds and Related Party Transactions" (Announcement No.: 2021-011) was disclosed on the designated media and the website of the Shanghai Stock Exchange (www.sse.com.cn). On January 19, 2022, the company disclosed the "Announcement on the Completion of the Filing of Private Investment Funds by Industrial Funds Participating in Investment" (No. 2022-002), and Haojun Venture Capital completed the filing procedures for private investment funds with the Asset Management Association of China and obtained the "Private Investment Fund Filing Certificate". As of the date of this report, the company has invested RMB 10 million yuan.

2. Progress of the investment fund

The fund manager, Shanghai Boyang Equity Investment Management Co., Ltd., out of prudent consideration of the market environment,

It is recommended to slow down the pace of outbound investment. It was signed on October 30, 2024 by consensus of all investors

"Supplemental Agreement to the Partnership Agreement of Shanghai Haojun Venture Capital Partnership (Limited Partnership)", the main contents of the agreement are as follows:

1. Item 2.7.1 of Paragraph 2.7 "Term" of Article 2 "Establishment of Limited Partnership" of the original contract

For:

"The duration of the Fund shall be seven years from the date of its inception. Partners pay to the Fund

The date on which the first tranche of capital contributed is transferred to the custody account of the Fund shall be the date on which the Fund is established. The investment period of the Fund is the first three years, and the duration of the four years after the end of the investment period is the exit period. With the unanimous consent of all partners, the duration of the fund may be extended or shortened accordingly according to the specific conditions of the fund's operation, but the extension period shall not exceed two years. ”

It is now amended to read:

"The duration of the Fund shall be seven years from the date of its inception. The date on which the first payment of the first capital contribution by the partner to the Fund is transferred to the custody account of the Fund shall be the date on which the Fund is established. The investment period of the Fund is the first four years, and the three-year duration after the end of the investment period is the exit period. With the unanimous consent of all partners, the duration of the fund may be extended or shortened accordingly according to the specific conditions of the fund's operation, but the extension period shall not exceed two years. ”

3. Other notes

The company will fulfill its information disclosure obligations in a timely manner according to the follow-up progress of the fund and in accordance with the provisions and requirements of relevant laws and regulations. Investors are advised to invest rationally and pay attention to investment risks.

The announcement is hereby made.

Board of Directors of Shanghai Fudan Microelectronics Group Co., Ltd

October 31, 2024