3416 Rongcheng Electric: Clarification of Media Reports

1. Date of occurrence: 115/05/21. 2. Company name: Rongcheng Electric Co., Ltd. 3. Relationship: The Company. 4. Mutual shareholding: Not applicable. 5. Media name: Economic Daily News C03. 6. Report content: "Rongcheng Electric's Q2 revenue is expected to hit a record high, with annual revenue growth targets remaining in the double digits, exceeding 4 billion." 7. Reason: Independent media reporting. 8. Measures: The above news is an independent estimate by the media and not a company release. We hereby clarify this. 9. Other notes: None.