Tsuen Bank Hi-Tech announcement, Deputy General Manager Jiang Sanqiao intends to reduce the company's shares by centralized bidding within 6 months after 15 trading days from the date of disclosure of the announcement, that is, no more than 0.0202% of the total share capital excluding repurchase special account shares.

According to the 2021 report of Tsuen Yin Hi-Tech, the company's main income was 678 million yuan, up 20.66% from the same period last year; the net profit was-9.4668 million yuan, down 194.05% from the same period last year; and deducting non-net profit from-11.9173 million yuan, down 69.67% from the same period last year. Among them, in the second quarter of 2021, the company's main income in a single quarter was 383 million yuan, down 0.28% from the same period last year; net profit in a single quarter was-7.3952 million yuan, down 694.78% from the same period last year Deducting non-net profit in a single quarter-8.07 million yuan, up 46.74% over the same period last year; debt ratio 64.95%, investment income 678500 yuan, financial expenses 11.4457 million yuan, gross profit margin 22.45%.

The chairman of the company is Qin Hengde. Qin Hengde, male, born in April 1970, Tujia nationality, member of the Communist Party of China, graduate student, senior accountant. He was appointed Executive Director and Chief Executive Officer of the Company in December 2016 to lead the overall work of the Company. He is also the Chairman of the Corporate Governance Committee of the Company. Mr. Qin graduated with a bachelor's degree in engineering from the Department of Economics and Management of East China Institute of Technology in 1991, a master's degree in industrial engineering from Huazhong University of Science and Technology in 2002, and a master's degree in business administration from CEIBS in 2011. From November 1991 to July 2004, Mr. Qin served as Assistant Director of Finance, Director of Finance, Deputy Chief accountant of Hubei Hongqi Cable Factory, Chief accountant of CIC Yuanyi Industrial Co., Ltd., and Deputy General Manager of Investment Management Department of Delong International Strategic Investment Co., Ltd. Mr. Qin served as General Manager, Financial Director, Deputy General Manager and Executive Deputy General Manager and General Manager of Business Development Department of Sinochem International (Holdings) Co., Ltd. (a company listed on the Shanghai Stock Exchange (stock code: 600500) from July 2004 to December 2016, and served as Halcyon Agri Corporation Ltd from November 2016 to January 2017. Director and non-executive chairman of a company listed on the Singapore Stock Exchange; served as GMGGlobalLtd from September 2008 to November 2016. As a director and non-executive chairman of Sinochem; and served as an executive director of China seed Group Limited, a subsidiary of Sinochem from December 2016 to April 2019. Mr. Qin is a senior accountant with rich experience in strategic and investment M & A management and financial management. Mr. Qin is also a director of a subsidiary of the Company.