Jicheng Electronics Co., Ltd.

Beijing Deheng (Jinan) Law Firm's Legal Opinion on Jicheng Electronics Co., Ltd.'s 2025 Annual General Meeting

This legal opinion from Beijing Deheng (Jinan) Law Firm reviews the 2025 Annual General Meeting of Jicheng Electronics Co., Ltd. The meeting's convocation, procedures, attendee qualifications, and voting results are deemed compliant with relevant laws and regulations. All seven proposals, including the Board of Directors' work report and profit distribution plan, were approved by a majority of voting shares.

2025 Annual General Meeting Resolution Announcement

This announcement details the resolutions passed at the 2025 Annual General Meeting of Jicheng Electronics Co., Ltd. The meeting was held on May 15, 2026, with both in-person and online voting. Key resolutions approved included the Board of Directors' work report, the 2025 profit distribution plan, and the appointment of the 2026 accounting firm. All resolutions passed with overwhelming majority support.

Announcement on Holding the 2025 Online Performance Briefing

Jicheng Electronics will hold an online performance briefing on May 19, 2026, to discuss its 2025 annual report and communicate with investors. The company is soliciting questions from investors in advance to ensure the briefing is targeted and effective. Key personnel will attend to answer questions.

Announcement on Winning Bids for Business Contracts

Jicheng Electronics Co., Ltd. announced it has won bids for multiple National Grid projects in 2026, totaling approximately RMB 200.77 million. These contracts cover power transmission and transformation equipment, and metering equipment. The company expects these wins to positively impact its operating performance in 2026, representing 6.51% of its 2025 revenue. The company has not yet signed formal contracts.

Announcement on Winning Bids for Business Contracts

This announcement from Jicheng Electronics details its success in winning bids for multiple projects from State Grid Corporation of China, totaling approximately RMB 200.77 million. These contracts, related to power transmission and transformation equipment and metering devices for 2026, are expected to positively impact the company's operating performance. The company has not yet received formal notification, and investors are advised to exercise caution.

Announcement on the Provision for Asset Impairment in the First Quarter of 2026

2026 First Quarter Report

Announcement on Re-appointment of Auditor for 2026

Jicheng Electronics Co., Ltd. announces its intention to re-appoint ShineWing Certified Public Accountants LLP as its auditor for 2026. The decision was approved by the Board of Directors and will be submitted to the shareholders' meeting for final approval. The company has reviewed ShineWing's qualifications, independence, and integrity.

2025 Annual Report of Independent Director (Chen Guanting)

This report details the independent director's performance in 2025, adhering to laws and company regulations. The director attended all board and shareholder meetings, actively participated in committee work, and focused on financial reporting, internal controls, and protecting minority shareholder interests. The director found the company cooperative and the internal controls effective, concluding their term due to board restructuring.

2025 Annual Report of Independent Director (Zhai Jiguang)

This report details the independent director's performance in 2025, focusing on attendance at board and shareholder meetings, participation in special committees, and communication with internal and external auditors. The director actively fulfilled duties, reviewed materials, and exercised voting rights to protect shareholder interests. The report concludes with an overall positive evaluation of the company's governance and operations.

2025 Annual Report of Independent Director (Ai Qian)

This report details the independent director's fulfillment of duties in 2025, adhering to relevant laws and company regulations. It covers attendance at meetings, work activities, communication with auditors, and efforts to protect shareholder rights. The director actively participated in discussions, provided recommendations, and exercised independent judgment on company matters, ensuring compliance and safeguarding shareholder interests.

2025 Environmental, Social and Governance (ESG) Report

2025 Internal Control Audit Report

Integre Electronics Co., Ltd. 2025 Internal Control Evaluation Report

This report evaluates the effectiveness of Integre Electronics Co., Ltd.'s internal control system as of December 31, 2025. The company found no material weaknesses in financial or non-financial reporting internal controls. The evaluation confirms the company maintained effective financial reporting internal controls in all material aspects. The report details the scope of the evaluation, internal control assessment conclusions, and the standards used for identifying control deficiencies.

Management System for Directors' and Senior Management's Remuneration (April 2026)

This document outlines the remuneration management system for directors and senior management of Jicheng Electronics Co., Ltd. It establishes principles for determining remuneration based on performance, market conditions, and company strategy. The system aims to create effective incentive and restraint mechanisms to enhance operational efficiency and sustainable development.

Announcement on Changes to Accounting Policies

Jicheng Electronics Co., Ltd. announces a change in accounting policies in accordance with the Ministry of Finance's "Enterprise Accounting Standards Interpretation No. 19." This change, effective January 1, 2026, does not require board or shareholder approval and is not expected to materially impact the company's financial position, operating results, or cash flows. The updated policies will be applied prospectively.

Announcement on Provision for Asset Impairment in 2025

Jicheng Electronics announces its 2025 provision for asset impairment, totaling 4,251.00 million yuan. This provision, based on prudence and accounting standards, aims to reflect asset values accurately. The impairment will reduce 2025 net profit by 3,701.84 million yuan and owner's equity by 2,968.85 million yuan. The provision has been reviewed by the audit committee and board.

Announcement on Mutual Guarantees Between Holding Subsidiary and Its Wholly-Owned Subsidiaries

Qingdao Jincheng, a holding subsidiary of Jincheng Electronics, will provide a comprehensive credit guarantee of up to RMB 30 million to its wholly-owned subsidiary, Shandong Jincheng Instruments. Additionally, Shandong Jincheng Instruments and Qingying Cloud, another wholly-owned subsidiary of Qingdao Jincheng, will jointly provide a comprehensive credit guarantee of up to RMB 500 million to Qingdao Jincheng. These mutual guarantees are deemed controllable and do not harm shareholder interests.

Notice of Convening the 2025 Annual Shareholders' Meeting

Jicheng Electronics Co., Ltd. announces the convening of its 2025 Annual Shareholders' Meeting on May 15, 2026. The meeting will cover several proposals including the 2025 work report, profit distribution, director remuneration, and auditor appointment. Shareholders can vote in person or via online platforms provided by the Shenzhen Stock Exchange.

Resolution Announcement of the Third Meeting of the Ninth Board of Directors

The Board of Directors of Jicheng Electronics Co., Ltd. held its third meeting, approving the 2025 annual reports, including the General Manager's and Board of Directors' work reports, and the 2025 profit distribution proposal. The board also approved the 2026 remuneration standards for directors and senior management, and the 2025 internal control evaluation report.

Announcement on the 2025 Profit Distribution Plan

This announcement details the 2025 profit distribution plan for Jicheng Electronics Co., Ltd. The company proposes a cash dividend of RMB 0.2 per 10 shares, totaling RMB 10,081,845.48, representing 50% of the net profit attributable to shareholders. This plan complies with regulatory requirements and aims to balance shareholder returns with the company's development needs.

Report on the Performance Evaluation of the Accounting Firm for Fiscal Year 2025

This report evaluates the performance of Xinyonghe Certified Public Accountants (Special General Partnership) as the external auditor for Jicheng Electronics Co., Ltd. in fiscal year 2025. The evaluation covers the firm's qualifications, professional conduct, and quality management. The report concludes that Xinyonghe fulfilled its duties diligently and professionally, completing the audit on time and issuing an objective report.

Audit Committee Report on the Performance of Supervisory Duties for the Accountant Firm in 2025

The Audit Committee of Jicheng Electronics Co., Ltd. reports on its supervisory duties for the accounting firm in 2025. It reviewed the firm's qualifications and approved its reappointment. The committee communicated with the firm throughout the audit process, ensuring timely and accurate reporting. The firm, Xinyonghe, is deemed competent and independent, having completed the 2025 annual audit on time.

Special Explanation on Non-operating Fund Occupation and Other Related Fund Transactions for 2025

2025 Summary of Non-Operating Fund Occupation and Other Related Party Fund Transactions

This table summarizes the company's non-operating fund occupation and other related party fund transactions for 2025. It details fund occupation by controlling shareholders and their affiliates, as well as other related party transactions. The table tracks opening balances, cumulative amounts, interest, and repayment amounts, concluding with year-end balances and transaction nature.

Board of Directors' Special Opinion on Independent Directors' Independence Assessment

The Board of Directors of Jicheng Electronics Co., Ltd. assessed the independence of its four independent directors: Ai Qian, Liu Jianwen, Li Shufeng, and Li Kang. The assessment confirmed that they hold no other positions within the company or its major shareholders/affiliates, and have no conflicts of interest that would impair independent judgment. The board concluded that the independent directors meet the requirements for independence as stipulated by relevant regulations.

2025 Annual Audit Report

2025 Annual Report

Jicheng Electronics Co., Ltd. 2025 Annual Report Summary

This report summarizes Jicheng Electronics' 2025 annual performance. Key financial figures show total assets of RMB 4.44 billion and revenue of RMB 3.08 billion, an 18.66% increase. Net profit attributable to shareholders was RMB 20.16 million. The company's main business covers smart grid automation, new energy automation, and energy management solutions.

Announcement on Using Part of Idle Own Funds for Wealth Management

Jicheng Electronics and its subsidiaries will invest up to RMB 350 million in wealth management products to improve the efficiency and returns of idle funds. The investment period is 12 months, with funds being rolled over. The company will manage risks through strict evaluation, timely adjustments, and internal oversight. This initiative aims to benefit shareholders by enhancing overall company returns without impacting core business operations.