Stock Code: 002199 Stock Abbreviation: *ST Dongjing Announcement No.: 2026051
Zhejiang Dongjing Electronics Co., Ltd.
Announcement on the Response to the 2025 Annual Report Inquiry Letter from the Shenzhen Stock Exchange
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.
The Board of Directors of Zhejiang Dongjing Electronics Co., Ltd. (hereinafter referred to as the "Company" or "Dongjing Electronics") received the "Inquiry Letter on the 2025 Annual Report of Zhejiang Dongjing Electronics Co., Ltd." (hereinafter referred to as the "Inquiry Letter") issued by the Second Department of Listed Company Supervision of the Shenzhen Stock Exchange. In accordance with the requirements of the "Inquiry Letter," the Board of Directors immediately organized relevant departments and personnel, the annual audit institution Zhonghua Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Zhonghua" or "the Accountant"), and the perennial legal advisor Beijing Zhide Law Firm (hereinafter referred to as "the Lawyer") to implement and explain the issues raised in the "Inquiry Letter" one by one. The specific responses are as follows:
Question 1
During the reporting period, your company achieved operating income of 355 million yuan and operating income after deductions of 343 million yuan, an increase of 63.57% and 59.04% year-on-year, respectively. The total profit was -48 million yuan, the net profit attributable to shareholders of the parent company (hereinafter referred to as net profit) was -50 million yuan, and the net profit after deducting non-recurring gains and losses (hereinafter referred to as net profit after deduction) was -57 million yuan, an increase of 34.00%, 31.90%, and 28.32% year-on-year, respectively, but all have been negative for four consecutive years.
Your company's operating income deduction items for this year amounted to 12.2242 million yuan, involving business income unrelated to the main business, mainly including housing rental income, material sales, and waste sales income. The operating income deduction items for this year directly affect whether your company's operating income after deductions for this year can meet the 300 million yuan standard, which has a significant impact on whether your company's stock triggers the termination of listing.
(1) Please refer to the standards of Part 4, Section 2 of our "Guidelines for Self-Regulation of Listed Companies No. 1 — Business Handling (2026 Revision)" to explain in detail the specific composition and deduction basis of the operating income deduction items for this year, and whether there is any income that should be deducted but was not, or income that is unrelated to the main business or lacks commercial substance.
(2) Please combine the situation of the main business, relevant industry and market conditions, income and cost composition, operating data for the first quarter of 2026, and the company's capital liquidity to explain in detail the reasons for your company's four consecutive years of losses, whether there is a significant difference compared with companies in the same industry, and whether there is uncertainty in your company's ability to continue as a going concern.
(3) Your company's non-recurring gains and losses for this year were 6.6786 million yuan. Please explain in detail the specific composition of non-recurring gains and losses and whether the relevant accounting treatment complies with the relevant provisions of the "Accounting Standards for Business Enterprises."
(4) Please combine the above situations to check and explain one by one whether your company has triggered the circumstances stipulated in Article 9.3.12 of our "Stock Listing Rules (2026 Revision)," whether there are other circumstances that require the implementation of delisting risk warnings or other risk warnings, and whether it meets the conditions for applying for the cancellation of delisting risk warnings.