Securities code: 600237 Securities abbreviation: Tongfeng Electronic Number: Lin 2020-032

Anhui Tongfeng Electronics Co., LTD
Notice on receipt of Court Notice by Indirect Controlling Shareholders

The Company and all members of the Board of Directors warrant that the information disclosed is true, accurate and complete, and that there is no false record, misleading statement or material omission.

Anhui Tongfeng Electronics Co., LTD. (hereinafter referred to as the "Company") recently learned that Tienu Group Co., LTD. (hereinafter referred to as the "Tienu Group"), the indirect controlling shareholder of the Company, has recently received a Notice from the People's Court of Yongkang City, Zhejiang Province, to accept and register the pre-restructuring application of Tienu Group.

As of the disclosure date of this announcement, the controlling shareholder of the Company is Anhui Tongfeng Electronics Group Co., LTD. (hereinafter referred to as "Tongfeng Group"), which holds 94,561,280 shares of the Company, accounting for 16.76% of the total capital stock of the Company. Tienu Group holds 100% shares of Tongfeng Group and is the indirect controlling shareholder of the company.

In view of the material uncertainties arising from the above matters, the Company solemnly reminds investors that the media designated by the Company for information disclosure are China Securities Journal, Shanghai Securities Journal, Securities Daily, Securities Times and the website of the Shanghai Stock Exchange (www.sse.com.cn). The information released by the company is subject to the information disclosed in the above designated media, please pay attention to the investment risk.

This is to announce.