Shanghai Fudan Microelectronics : INSIDE INFORMATION - APPROVAL OF THE PROPOSED A SHARE OFFERING BY THE LISTING COMMITTEE OF SCI-TECH INNOVATION BOARD OF THE SHANGHAI STOCK EXCHANGE

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

上海復旦微電子集團股份有限公司

Shanghai Fudan Microelectronics Group Company Limited*

(a joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 1385)

INSIDE INFORMATION

APPROVAL OF THE PROPOSED A SHARE OFFERING BY

THE LISTING COMMITTEE OF SCI-TECH INNOVATION BOARD OF

THE SHANGHAI STOCK EXCHANGE

This announcement is made by Shanghai Fudan Microelectronics Group Company Limited (the ''Company'') pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

Reference is made to the Company's announcements dated 1 March 2019, 17 April 2019, 16 April 2020, 28 August 2020, 4 October 2020, 8 January 2021, 1 March 2021 and 24 March 2021, the circulars dated 17 April 2019, 16 April 2020 and 28 August 2020 containing, among other things, related matters of the proposed initial public issue of A Shares and listing on the Sci-Tech Innovation Board of the Shanghai Stock Exchange (the "Proposed A Share Offering").

The board of directors of the Company hereby announce that the Listing Committee for Sci-Tech Innovation Board of the Shanghai Stock Exchange in its 22nd review meeting of 2021 held today, has approved the Proposed A Share Offering which meets the offering conditions, listing conditions and information disclosure requirements.

As the Proposed A Share Offering is subject to certain conditions precedent, it may or may not be completed. Shareholders of the Company and potential investors are advised to exercise caution when dealing in the H shares of the Company. Further announcement(s) regarding the details and developments of the Proposed A Share Offering will be made by the Company as and when appropriate. This announcement appears for information purposes only and does not constitute an invitation or an offer to acquire, purchase or subscribe for the securities of the Company.

By order of the Board

Shanghai Fudan Microelectronics Group Company Limited*

Jiang Guoxing

Chairman

Shanghai, the PRC, 31 March 2021

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As at the date of this announcement, the Company's executive directors are Mr. Jiang Guoxing, Mr. Shi Lei, Mr. Yu Jun and Ms. Cheng Junxia; non-executive directors are Ms. Zhang Qianling, Mr. Ma Zhicheng, Ms. Zhang Huajing and Mr. Wu Ping, and independent non-executive directors are Mr. Guo Li, Mr. Cao Zhongyong, Mr. Cai Minyong and Mr. Wang Pin.

* For identification only

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