Shenda Shares ((600626): Reply To Working Letter

Shanghai Shenda Co., Ltd

Reply to the letter on the preparatory work of the IEC meeting

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents.

On May 18, 2021, China Securities Regulatory Commission (hereinafter referred to as "CSRC") issued the letter on preparing for the meeting of the stock issuance and Examination Committee of Shenda non public Development Bank (hereinafter referred to as the "notification letter"), Shanghai Shenda Co., Ltd. (hereinafter referred to as "the company"), together with the sponsor Haitong Securities Co., Ltd. and other relevant intermediary agencies, carefully checked and implemented the problems raised in the letter of notification, and replied to the matters involved in the letter in accordance with the requirements of the letter of notification. For details, please refer to the website of Shanghai Stock Exchange on the same day（ www.sse.com.cn ）Reply of Shanghai Shenda Co., Ltd. and Haitong Securities Co., Ltd. on the preparation for the stock issuance and examination committee meeting of Shenda non public Development Bank. The company and the sponsor shall timely submit the reply and relevant materials to the CSRC in accordance with the requirements. The company's non-public offering of shares needs to be approved by China Securities Regulatory Commission (CSRC), and whether it can be approved is still uncertain. The company will timely fulfill the obligation of information disclosure according to the progress of the examination and approval of the CSRC, and please pay attention to the investment risk of the majority of investors.

It is hereby announced.

Board of directors of Shanghai Shenda Co., Ltd

4 June 2021