Securities code: 688538 Securities abbreviation: Hehui Optoelectronics Announcement No.: 2025-023

Shanghai Hehui Optoelectronics Co., Ltd

Regarding the 2024 Annual General Meeting of Shareholders to cancel part of the proposal and add temporary

Announcement of the proposal

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of the announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

1. Relevant information of the general meeting of shareholders

1. Type and session of the General Meeting of Shareholders: Annual General Meeting 2024

2. Date of General Meeting of Shareholders: April 21, 2025

3. Record date of shareholders' meeting:

Share Class Stock Code Stock Abbreviation Share Record Date

A-share 688538 and glow optoelectronics 2025/4/15

2. Cancel part of the proposal and add a statement of the provisional proposal

1. Proposer: Shanghai Lianhe Investment Co., Ltd

2. Description of the Proposal Procedure

The company has announced the notice of convening the general meeting of shareholders on March 29, 2025, and holds it individually or in aggregate

Shanghai Lianhe Investment Co., Ltd., a shareholder of 58.25% of the shares, submitted a provisional proposal on April 8, 2025 and

Submit in writing to the convener of the general meeting of shareholders. The convener of the general meeting of shareholders hereby announces in accordance with the relevant provisions of the "Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 - Standardized Operation".

3. The specifics of the provisional proposal

On April 8, 2025, the Board of Directors of the Company received a submission from the controlling shareholder, Shanghai Lianhe Investment Co., Ltd

Letter on Proposal to Add Provisional Proposals for the 2024 Annual General Meeting of Shareholders proposing to amend the current and H-share issuances

The Articles of Association and related rules of procedure applicable after listing. The board of directors of the company agreed to cancel the original "Proposal on Formulating the < Articles of Association (Draft) >and Related Rules of Procedure (Draft) (Draft) applicable to the Company after the issuance and listing of H shares" to the 2024 Annual General Meeting of Shareholders of the Company for deliberation, and agreed to > the "Proposal on Amending <公司章程>and Related Rules of Procedure" and the adjusted "On Formulating the < Articles of Association (Draft) Applicable to the Company after the Issuance and Listing of H Shares". and related rules of procedure (draft)" submitted to the company's 2024 annual general meeting of shareholders for deliberation (of which the "Rules of Procedure of the Board of Supervisors (Draft)" will not be adjusted).

The above proposals have been reviewed at the 13th meeting of the second board of directors held by the company on April 9, 2025

The specific content is detailed in the relevant announcement disclosed by the company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

The cancellation of part of the proposal and the addition of temporary proposals comply with the relevant provisions of laws, administrative regulations, departmental rules, normative documents and the Articles of Association.

3. In addition to the above-mentioned cancellation of part of the proposal and the addition of a temporary proposal, the original announcement on March 29, 2025

The notice of the general meeting of shareholders remains unchanged.

4. The relevant situation of the general meeting of shareholders after the cancellation of part of the proposal and the addition of temporary proposals.

(1) The date, time and place of the on-site meeting

Date and time: April 21, 2025 at 14:30

Venue: Company Conference Room, No. 1333, Jiugong Road, Jinshan Industrial Zone, Shanghai

(2) The system, start and end dates and voting times of online voting.

Online voting system: the online voting system of the general meeting of shareholders of the Shanghai Stock Exchange

Online voting starts: April 21, 2025

Online voting ends: April 21, 2025

Using the online voting system of the Shanghai Stock Exchange, the voting time through the voting platform of the trading system is the trading time of the day of the general meeting of shareholders, that is, 9:15-9:25, 9:30-11:30, 13:00-15:00, and the voting time through the Internet voting platform is 9:15-15:00 on the day of the general meeting of shareholders.

(3) The record date of the shares

The record date of the original notice of the shareholders' meeting remains unchanged.

(4) Proposals of the general meeting of shareholders and the type of shareholders voting

Types of voting shareholders

Serial No. Name of Proposal Shareholders of A shares

Non-cumulative voting motions

1 Proposal on the "2024 Annual Report on the Work of the Board of Directors" √

2 Proposal on the "2024 Work Report of the Board of Supervisors" √

3 Proposal on the "2024 Annual Report of Independent Directors" √

4 Motion √ on the Annual Report 2024 and its summary

5 Proposal on the "2024 Annual Financial Statements" √

6 Proposal on the "2024 Profit Distribution Plan" √

7 Proposal √ on the 2025 Financial Budget Report

8 Proposal on the 2025 Routine Related Party Transaction Forecast √

9 Proposal on uncovered losses reaching one-third of the total paid-in share capital √

10 Proposal on the repurchase and cancellation of restricted shares √

In relation to the Company's issuance of H shares and on The Stock Exchange of Hong Kong Limited

11 √

Municipal bills

In relation to the Company's issuance of H shares and on The Stock Exchange of Hong Kong Limited

12.00 √

Proposal of the city program

12.01 Listing Location √

12.02 Types and par values of shares to be issued √

12.03 Issue time √

12.04 Issuance √

12.05 Issuance size √

12.06 Target Issue: √

12.07 Pricing Principles √

12.08 Offering Principles √

12.09 Validity of the resolution √

13 Proposal on the company's application to be converted into an overseas company limited by shares √

14 Proposal on the plan for the use of funds raised by the company's issuance of H shares √

15 Proposal on the Profit Distribution Plan for the Company Before the Issuance of H Shares √

16 Proposal on the Company's Engagement of an Auditor for the Issuance and Listing of H Shares √

Regarding the proposal to the general meeting of shareholders to authorize the board of directors and its authorized persons to handle the business with full authority

17 √

Proposal on matters related to the issuance and listing of H shares

Regarding the formulation of the Articles of Association (draft) applicable to the company after the issuance and listing of H shares

18.00 √

bill) and related rules of procedure (draft).

18.01 Proposal on the Formulation of the Articles of Association (Draft) √

18.02 Proposal on the Formulation of the Rules of Procedure of the Shareholders' Meeting (Draft) √

18.03 Proposal on the formulation of the "Rules of Procedure of the Board of Directors (Draft)" √

18.04 Proposal on the Formulation of the Rules of Procedure of the Board of Supervisors (Draft) √

Regarding the revision of the Company's internal governance system applicable after the issuance and listing of H shares

19.00 √

motion

19.01 Proposal on Amending the Independent Director System √

19.02 Proposal on Amending the Decision-making System for Related Party Transactions √

Responsibilities of directors, supervisors, senior management and related personnel of the purchase company

20 √

Proposal for Insurance and Prospectus Liability Insurance

21.00 Proposal on amending the Articles of Association and related rules of procedure √

21.01 Proposal on Amending the Articles of Association √

21.02 Proposal on Amending the Rules of Procedure of the General Meeting of Shareholders √

21.03 Proposal on Amending the Rules of Procedure of the Board of Directors √

Cumulative voting motions

Independent directors should be elected

22.00 Proposal on the co-optation of independent directors of the second board of directors of the company

(1) People

22.01 Li Haomin was elected as an independent director of the second board of directors of the company√

1. Explain the time and media of each proposal that has been disclosed

The proposal submitted to the general meeting of shareholders for consideration has been held by the company for the second term on February 20, 2025

The 11th meeting of the Board of Directors and the 9th meeting of the 2nd session of the Board of Supervisors will be held on March 27, 2025

The 12th meeting of the 2nd session of the Board of Directors and the 10th meeting of the 2nd session of the Board of Supervisors will be held on April 9, 2025

The 13th meeting of the second session of the board of directors was deliberated and approved, and the relevant announcements were made on February 22, 2025,

March 29, 2025, April 11, 2025 on the website of the Shanghai Stock Exchange (www.sse.com.cn)

and "China Securities Journal", "Shanghai Securities News", "Securities Times" and "Securities Daily".

For the meeting materials of this general meeting of shareholders, please refer to the "Meeting Materials of the 2024 Annual General Meeting of Shareholders of Shanghai Hehui Optoelectronics Co., Ltd." disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

2. Special resolutions: Bills 10-15, 17-18, and 21

3. Proposals for separate counting of votes for small and medium-sized investors: Bills 6, Bills 8, Bills 10-17, and Bills 20

4. Proposals involving the recusal of related shareholders from voting: Proposal 8, Proposal 10, Proposal 20

Name of related shareholders who should abstain from voting: Proposal 8: Shanghai Lianhe Investment Co., Ltd.; Proposal 10, Proposal 20: Shareholders who have an affiliated relationship with the proposal

5. Proposals involving the participation of preferred shareholders in voting: not applicable

The announcement is hereby made.

Board of Directors of Shanghai Hehui Optoelectronics Co., Ltd

April 11, 2025

Attachment 1: Power of Attorney

Power of Attorney

Shanghai Hehui Optoelectronics Co., Ltd.:

I hereby entrust Mr. (Ms.) to attend the meeting on April 21, 2025 on behalf of my employer (or myself).

convene your company's 2024 Annual General Meeting of Shareholders and exercise your voting rights on your behalf.

Number of ordinary shares held by the delegator:

Number of preferred shares held by the client:

Principal Shareholder Account Number:

Serial Number Name of Non-cumulative Vote Proposal Agree Oppose Abstention

1 Proposal on the "2024 Annual Report on the Work of the Board of Directors".

2 Proposal on the "2024 Annual Report on the Work of the Board of Supervisors".

3 Proposal on the "2024 Annual Report of Independent Directors".

4 Motion on the 2024 Annual Report and its summary

5 Proposal on the "2024 Annual Financial Statements".

6 Proposal on the "2024 Profit Distribution Plan".

7 Proposal on the "2025 Financial Budget Report".

8 Proposal on the 2025 Routine Related Party Transaction Projection

9 In respect of uncovered losses, one third of the total paid-up share capital

of motions

10. Proposal on the repurchase and cancellation of restricted shares

In connection with the issuance of H shares by the Company and on the Hong Kong Stock Exchange

11

Proposal for the listing of limited companies

In connection with the issuance of H shares by the Company and on the Hong Kong Stock Exchange

12.00

Proposal for the listing of limited companies

12.01 Place of Listing

12.02 Types and par values of shares issued

12.03 Release Date

12.04 Issuance

12.05 Issuance Size

12.06 Issuance Objects

12.07 Pricing Principles

12.08 Offering Principles

12.09 Validity of Resolutions

Regarding the company's application to be converted into an overseas company limited by shares

13

motion

14 Proposal on the use plan of the company's funds raised by issuing H shares

Regarding the company's profit distribution plan before the issuance of H shares

15

of motions

Regarding the Company's engagement of an auditor for the issuance and listing of H shares

16

motion

Regarding the proposal to the general meeting of shareholders to authorize the board of directors and its authorized persons

17. Handle matters related to the issuance and listing of H shares by the company

table

Regarding the formulation of the company's "public policy" applicable after the issuance and listing of H shares

18.00 Draft Articles of Association and Related Rules of Procedure (Draft)

of motions

18.01 Proposal on the formulation of the Articles of Association (Draft).

Proposal on the formulation of the Rules of Procedure of the Shareholders' Meeting (Draft).

18.02

table

Proposal on the formulation of the "Rules of Procedure of the Board of Directors (Draft)".

18.03

table

Proposal on the formulation of the "Rules of Procedure of the Board of Supervisors (Draft)".

18.04

table

Regarding the amendment to the Company's internal regulations applicable after the listing of the H-share issue

19.00

Bills on the governance system

19.01 Proposal on Amending the Independent Director System

19.02 Proposal on Amending the Decision-making System for Related Party Transactions

Regarding the purchase of the company's directors, supervisors, senior management and

20 Liability insurance for related personnel and prospectus liability insurance

motion

Proposal on amending the Articles of Association and related rules of procedure

21.00

table

21.01 Proposal to amend the Articles of Association

21.02 Proposal on Amending the Rules of Procedure of the General Meeting of Shareholders

21.03 Proposal on Amending the Rules of Procedure of the Board of Directors

Serial Number Name of Cumulative Voting Proposal Number of Votes

22.00 Proposal on the co-optation of independent directors of the second board of directors of the company

22.01 Li Haomin was elected as an independent director of the second board of directors of the company

Signature (seal) of the principal: Signature of the trustee:

Trustee's ID Number: Trustee's ID Number:

Date of commission: YYYYYYYYYYYYYYYYYYYYYY

Remark:

The Trustee shall select one of the intentions of "Agree", "Oppose" or "Abstain" in the Power of Attorney and mark "√", and the Trustee shall have the right to vote according to his own wishes if the Principal does not make specific instructions in this Power of Attorney.