The Historical Evolution of Lida Optoelectronics Co., Ltd.

Lida Optoelectronic Co., Ltd. (hereinafter referred to as "the Company") was established with the approval of People's Republic of China (PRC) and the Reply of the Ministry of Commerce (No.:13 12). The audited net assets of Nanyang Lida Photoelectric Co., Ltd. (hereinafter referred to as "Nanyang Lida") were149,249,329.49 as of March 3, 2006.

65,438+049,240,000.00 yuan is converted into 65,438+049,240,000.00 shares according to the ratio of 65,438+0: 65,438+0, and the remaining 9,329.49 yuan is included in the company's capital reserve. China Southern Industrial Group Corporation, Southern Industrial Assets Management Co., Ltd., Shimizu (Hong Kong) Co., Ltd., Fuji Nongsano Co., Ltd., Minghui International Co., Ltd. and Nanyang Jinkun Photoelectric Instrument Co., Ltd. were all established as sponsors, and Nanyang Lida was established as a company as a whole. Approved by China Securities Regulatory Commission, Jian Zheng Zheng Jian Fa Zi [2007] No.394, the company publicly issued 50 million RMB ordinary shares to the public on June1June 14 and June 15, 2007, with a total share capital of199,240,000.