JCET Electronics: Intends to purchase 41.17% equity stake in Shanghai JCET Semiconductor Technology Co., Ltd.

Jingce Electronics announced that the company plans to purchase 41.17% equity of Shanghai Jingce Semiconductor Technology Co., Ltd. from 13 trading parties including Shanghai Jingyuan and Wuhan Keying through the issuance of shares, convertible corporate bonds, and cash payment, and to raise matching funds. As of the signing date of the proposal, the audit and evaluation work of the target assets has not been completed, and the transaction price has not been determined. This transaction constitutes a related party transaction, which still needs to be reconsidered and approved by the company's board of directors, approved by the shareholders' meeting, approved by the Shenzhen Stock Exchange, and approved by the China Securities Regulatory Commission for registration.