Securities Code: 002339 Securities Abbreviation: Jicheng Electronics Announcement Number: 2026-013
Jicheng Electronics Co., Ltd. Announcement on Changes to Accounting Policies
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Special Reminder: This change in accounting policies is made by Jicheng Electronics Co., Ltd. (hereinafter referred to as the "Company") in accordance with the requirements of "Enterprise Accounting Standards Interpretation No. 19" (Cai Kuai [2025] No. 32, hereinafter referred to as "Interpretation No. 19") issued by the Ministry of Finance of the People's Republic of China (hereinafter referred to as the "Ministry of Finance"). This change in accounting policies does not require submission to the Company's Board of Directors and Shareholders' Meeting for deliberation and will not have a significant impact on the Company's financial position, operating results, and cash flows. The specific situation is as follows:
I. Overview of the Change in Accounting Policies
- Reason and Date of Change On December 5, 2025, the Ministry of Finance issued the "Notice on Printing and Distributing 'Enterprise Accounting Standards Interpretation No. 19'" (Cai Kuai [2025] No. 32), which stipulates the "Accounting Treatment of Compensatory Assets in Business Combinations Not Under Common Control," "Accounting Treatment of Related Capital Reserves When Disposing of Subsidiaries Acquired Through Business Combinations Under Common Control," "Termination of Recognition of Financial Liabilities Settled Through Electronic Payment Systems," "Evaluation of Contractual Cash Flow Characteristics of Financial Assets and Related Disclosures," and "Disclosure of Equity Instruments Designated at Fair Value Through Other Comprehensive Income." These provisions will take effect from January 1, 2026. In accordance with the requirements of the aforementioned documents, the Company has made corresponding changes to its current accounting policies and will implement them starting from the effective date stipulated in the aforementioned documents.