Stock code: 688188 Stock abbreviation: Baichu Electronic Bulletin No.: 2022-012

Shanghai Bochu Electronic Technology Co., Ltd.

Announcement on Resolutions of the Sixth Meeting of the Second Board of Supervisors

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

Meetings of the Board of Supervisors of the 1.

Shanghai Bochu Electronic Technology Co., Ltd. (hereinafter referred to as "the company") the sixth session of the second board of supervisors

The meeting (hereinafter referred to as "this meeting") will be held on March 15, 2022 by means of on-site combined communication,

Notice of the meeting was sent by email on March 9, 2022. The meeting was chaired by Wan Zhang, Chairman of the Supervisory Board.

Hold, should attend the supervisor 3 people, actually attend the supervisor 3 people. The convening of this meeting, the method of convening, and the procedures for deliberation of the proposal are in compliance with the "the People's Republic of China Company Law" (hereinafter referred to as the "Company Law") and other laws and regulations and the "Articles of Association of Shanghai Baichu Electronic Technology Co., Ltd." (hereinafter referred to as the "Articles of Association" ") The relevant provisions of the voting are legal and effective.

Deliberations at 2. Supervisory Board Meeting

The (I) considered and adopted the "Proposal on Extending the Company's Issuance of A- shares to Specific Targets in 2021".

Bill for the duration of the resolution

The company held the 20th meeting of the first board of directors and the first board of supervisors on March 10, 2021.

Thirteen meetings, holding the 2020 Annual General Meeting on March 31, 2021, to consider and adopt

The proposal to issue A- shares to a specific target in 2021. According to the aforementioned meeting resolution, the company's current issuance resolution is valid for twelve months from the date of the company's general meeting of shareholders to consider and pass the relevant proposals.

The validity of the resolution will expire on March 31, 2022.

The company has received the "Approval for Approval of Shanghai Baichu Electronic Technology Co., Ltd. to Issue Stock Registration to Specific Objects" (Zheng Jian Ke [2022] No. 372) issued by the China Securities Regulatory Commission, and the validity period of the approval is 12 from the date of approval for registration Effective within months. As of now, the issuance has not yet been completed.

In view of the fact that the validity period of the aforementioned resolution is about to expire and the company has not yet completed this issuance, in order to ensure the continuous, effective and smooth progress of the company's follow-up work, in accordance with the "the People's Republic of China Company Law", "the People's Republic of China Securities Law" and "Science and Technology Innovation Board Listed Companies The provisions of relevant laws, regulations and regulatory documents such as the Administrative Measures for the Issuance of Securities (Trial), combined with the actual situation of the company, the shareholders' general meeting is hereby requested to extend the validity period of the relevant resolutions issued to specific objects for 12 months from the date of expiration. In addition to extending the above validity period, this motion does not involve adjusting other contents of this issuance plan.

For details, please refer to the company's disclosure on the website of Shanghai Stock Exchange on March 16, 2022 (www.sse.

com.cn) Announcement of Shanghai Baichu Electronic Technology Co., Ltd. on Extending the Validity Period of the Company's Resolution on Issuing A Shares to Specific Objects in 2021 and the Validity Period of Relevant Authorizations.

The result of the vote: 3 votes in favor, 0 votes against, 0 abstentions.

It is hereby announced.

Shanghai Bochu Electronic Technology Co., Ltd. Board of Supervisors

March 16, 2022