Dong Feng B: 2020年第一季度报告（英文版）

Dongfeng Sci-Tech Group CO., Ltd. Text of First Quarterly Report 2020 Section I. Important Notes Board of Directors and the Supervisory Committee ofDongfeng Sci-Tech GroupCO., Ltd.(hereinafter referred to as the Company)andits directors, supervisors All Directors are attended the Board Meeting for Quarterly Report deliberation.Zhao Yongsheng, Person in charge of the Company, Zhao Yongsheng, person in Note: The Report is prepared in bilingual versions of Chinese and Englishrespectively,in the event of any discrepancy in understanding the two Section II. Company Information I. Main accounting data and financial indexes Whether it has retroactive adjustment or re-statement on previous accounting data In RM B □Applicable√Not applicable In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists ofextraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to II. Total number of shareholders at the end of this report period and top ten shareholders 1. Number of common shareholdersand preference shareholders with voting rights recovered and top ten common □Yes√No The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy -back 2. Total shareholders with preferred stock held and shares held by top ten shareholders with preferred □Applicable√Not applicable Section III. Significant Events I. Particulars about material changes in ite ms of main accounting statement and financial II. Analysis and explanation of significant events and their influence and solutions (i) On October 22, 2018, the company held the 4th held on November 7, 2018 reviewed and approved the above proposal. On November 14, 2018, the company disclosed the Repurchase Report on the Repurchase of Company Shares by Centralized Bidding(Announcement No.: 2018-062). The company implemented the repurchase for the first time on December 6, 2018, and disclosed theAnnouncement on the First Repurchase of theCompany’s Shares(Announcement No.: 2018-070) on December 7, 2018. For details of the above, please refer to the relevant The company repurchased the company’s shares of 28,307,783 shares through a stock repurchase special security account bycentralized bidding transactions, accounting for 4.01% of the company’s total share capital, of which the highest transaction price Company’s Shares by Centralized Auction Transactions”(Announcement Number: 2020-008) on February 12, 2020.The company implemented the repurchase for the first time on February 19, 2020, and disclosed the“Announcement on the First Repurchase of theCompany’s Shares”on February 20 (Announcement Number: 2020-009).For details of the above, please refer to the company’sdisclosure on Securities Times, Hong Kong Commercial Daily and www.cninfo.com (http://www.cninfo.com.cn).The company’s As of the disclosure date of this report, the company repurchased 22,679,456 shares in the company’s shares by centralized auctiontransactions through a dedicated securities account for share repurchase, accounting for 3.21% of the company’s total share capital, Shares by Centralized Auction Transactions”(Announcement Number: 2020-030) on April 21, 2020.The Company plans to buy -back shares of the Company with own funds or self-raised capital by means of concentrated auction trading. Price of the buy -back sharesshall not exceed HK$ 1.2/Share, total amount of buy -back funds shall not exceed HK$ 40 million and not be less than HK$ 20million. The total specific for amount of buy -back shall be subject to the funds actually repurchased upon the expiration of thebuy-back period. Buy-back period shall not exceed three months from the date when BOD approves the plan and authorizes themanagement of the Company to handle the buy -back of shares. The buy-back is intended to safeguard the value and shareholders’equity of the listed company, as the closing price of the share has dropped by 30% in 20 consecutive trading days (from 20 M arch Ended as the reporting period, the company repurchased the company’s shares of26,237,545shares through a stock repurchasespecial security account by centralized bidding transactions, accounting for 3.71% of the company’s total share capital, of which the III. Commitme nts that the actual controller, shareholders, related party, acquirer and theCompany have fulfilled during the reporting period and have not yet fulfilled by the end of □Applicable The Company has no commitments completed in Period and those without completed till end of the Period from actual controller, IV. Securities Investment □Applicable√Not applicable No security investment in Period. V. Trust financing √Applicable In 10 thousand Yuan □Applicable Entrust financial expected to be unable to recover the principal or impairment might be occurred□Applicable√Not applicable VI. Derivative investment