3346 Lixing

Release Date: 1150623 Announcement Date: 1150622 Announcement Time: 161635 Company Code: 3346 Company Name: Lixing Subject: Announcement of the Resolution to Lift Competition Restrictions on Newly Appointed Directors and Their Representatives at the 115th Annual Shareholders' Meeting Applicable Clause: Clause 21 Date of Fact: 1150622 Explanation: 1. Shareholders' Meeting Resolution Date: 115/06/22 2. Names and Titles of Directors Allowed to Engage in Competitive Behavior: Directors: Liu Meixiu, Wu Junqi, Wu Rongsheng, Representative of Difu Investment Co., Ltd.: Chen Zhengmin Independent Directors: Zhou Yiliang, Wu Guizhen, Xu Qingwen 3. Items Allowed to Engage in Competitive Behavior: Investment or management of companies with the same or similar business scope as the company 4. Period Allowed to Engage in Competitive Behavior: During the term of office as a director of the company 5. Resolution Situation (Explanation of Voting Results Based on Company Law Article 209): The case was passed by a vote at the company's annual shareholders' meeting 6. Names and Titles of Directors if the Allowed Competitive Behavior Applies to Mainland China Businesses (If it does not apply to Mainland China Businesses, please enter 'Not Applicable'): (1) Liu Meixiu (2) Wu Junqi 7. Names and Positions of Companies Serving in Mainland China Businesses: (1) Liu Meixiu Chairman of Lixing Electronics Technology (Dongguan) Co., Ltd. Chairman of Lixing Optoelectronics (Shenzhen) Co., Ltd. Chairman of Lixing (Shanghai) International Trade Co., Ltd. Chairman of Lixing Automotive Technology (Shanghai) Co., Ltd. (2) Wu Junqi Chairman of Kunshan Difuwei Automotive Parts Co., Ltd. Chairman of Changzhou Difuwei Precision Molds Co., Ltd. 8. Addresses of Mainland China Businesses: (1) Lixing Electronics Technology (Dongguan) Co., Ltd.: No. 7, Mingzhu Yilu, Yongsheng Industrial Zone, Shebei Village, Huangjiang Town, Dongguan City, Guangdong Province (2) Lixing Optoelectronics (Shenzhen) Co., Ltd.: Room 1923, East Tower, Hezheng Huiyicheng, Xixiang, Baoan District, Shenzhen City, Guangdong Province (3) Lixing (Shanghai) International Trade Co., Ltd.: No. 666, Huiwang East Road, Jiading District, Shanghai City (4) Lixing Automotive Technology (Shanghai) Co., Ltd.: No. 666, Huiwang East Road, Jiading District, Shanghai City (5) Kunshan Difuwei Automotive Parts Co., Ltd.: No. 99, Dengta Road, Yushan Town, Kunshan City, Suzhou City, Jiangsu Province (6) Changzhou Difuwei Precision Molds Co., Ltd.: No. 99, Taishan Road, Changzhou New Area (High-tech Zone), Jiangsu Province 9. Business Items of Mainland China Businesses: (1) Lixing Electronics Technology (Dongguan) Co., Ltd.: Sale of LED chips and manufacturing, assembly, and sale of LED automotive lighting-related products (2) Lixing Optoelectronics (Shenzhen) Co., Ltd.: Sale of energy-saving lighting fixtures and accessories (3) Lixing (Shanghai) International Trade Co., Ltd.: Sale of LED chips and components (4) Lixing Automotive Technology (Shanghai) Co., Ltd.: Manufacturing, assembly, and sale of LED automotive lighting-related products (5) Kunshan Difuwei Automotive Parts Co., Ltd.: Production and sale of lighting fixtures (6) Changzhou Difuwei Precision Molds Co., Ltd.: Production of precision molds 10. Impact on the Company's Financial Business: None 11. Investment Amount and Shareholding Ratio if Directors Invest in Mainland China Businesses: Not Applicable 12. Other Matters to be Stated: None