Jebtech: Plans to acquire 100% equity of NEOPTICS PTE. LTD. for 1.12 million Singapore dollars, strengthening the product layout of the optical interconnection business.

Jept announces that, in order to further strengthen the product layout and sales network construction of the optical connectivity business, and enhance the competitiveness of the company's related products, the company plans to acquire 100% equity of NEOPTICS PTE.LTD., currently directly held by director and general manager CHENG XUEPING, through its wholly-owned subsidiary Jept in Singapore with its own funds of 1.12 million Singapore dollars. After the completion of this transaction, the target company will become a wholly-owned subsidiary of the company and will be included in the company's consolidated financial statements. This transaction has been approved at the fifth meeting of the special committee of the fourth board of directors and the sixteenth meeting of the fourth board of directors. According to the rules and regulations such as the Listing Rules and the company's articles of association, this transaction falls within the approval authority of the board of directors and does not require approval by the shareholders' meeting.