*ST Gaosheng (000971): Changes In The Interests Of The Largest Shareholder Of The Company

Stock Code: 000971 securities short: *ST, Gao Sheng Announcement No.: 2020-46

Gaosheng Cmi Holdings Ltd's announcement on the changes in the rights and interests of the largest shareholder of the company

All members of the company and the board of Directors ensure that the contents of the announcement are true, accurate and complete, without false records, misleading statements or major omissions.

Gaosheng Cmi Holdings Ltd (hereinafter referred to as "company", "listed company" or "Gaosheng Holdings") received today's notice on the progress of Yu Chi Reed's bankruptcy case, which was sent by the bankruptcy administrator of Beijing Yu Chi Reed Investment Co., Ltd. (hereinafter referred to as "Yu Chi Reed"). (notice of Yu Chi Reed bankruptcy administrator 2019, breaking seventy-sixth). The changes in the interests of the largest shareholder of the company are as follows:

1. The basic situation of this equity change.

In April 16, 2020, May 6th and May 14th, the company issued a notice on the auction of shares held by controlling shareholders (announcement number: 2020-22) in the designated information disclosure media, the announcement on the auction of all the shares of the controlling shareholder and the proposed change of controlling shareholders and actual controllers (Bulletin number: 2020-39). There is a notice of change in the rights and interests of the largest shareholder of the company and the proposed change of the controlling shareholder and the actual controller (Bulletin number: 2020-44).

Reed, the largest shareholder of the company, owns all the shares of the listed company. 158550396 shares of restricted stock are publicly auctioned on the auction platform of the Beijing property exchange. The bidder Tianjin Rostock Medical Biotechnology Co., Ltd. (hereinafter referred to as "Tianjin ROK") finally traded at 392580000 yuan. The manager and Tianjin Rostock signed the share transfer agreement on the Beijing property exchange in May 8, 2020, and Tianjin ROK should transfer the share transfer price within 20 working days from the date of signing the agreement.

After the deposit is reduced, the balance is remitted to the designated settlement account of the Beijing property exchange.

Two. Progress in the change of equity.

According to the notice issued by Yu Chi Reed bankruptcy administrator, in June 3, 2020, Tianjin's stock transfer fund was fully remitted to the designated settlement account of the Beijing property exchange, and the payment obligation stipulated in the preceding share transfer agreement has been completed. Yu Chi Reed bankruptcy administrator will assist Tianjin in accordance with the agreement to deal with matters relating to stock transfer in accordance with the relevant provisions of the securities exchange. Due to the relevant procedures of cancellation of pledge and other related procedures, there is uncertainty in the time of transfer. The company will pay close attention to the follow-up progress of the transfer of shares, and urge all parties to carry out the obligation of information disclosure in accordance with relevant laws and regulations. The company's designated information disclosure media are China Securities Journal, Shanghai Securities Daily, securities times, securities daily and giant tide information network. Www.cninfo.com.cn All information of the company has been identified in the above designated media, and investors are invited to pay attention to investment risks.

Notice hereby

Gaosheng Cmi Holdings Ltd board of directors

Two O two O June 4th