The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Securities Code: 002859
Securities Abbreviation: Jiemei Technology
Announcement Number: 2026-047
Bond Code: 128137
Bond Abbreviation: Jiemei Convertible Bond
Special Risk Warning:
Zhejiang Jiemei Electronic Technology Co., Ltd. (hereinafter referred to as "the Company") and its wholly-owned or controlled subsidiaries have a total guarantee balance (actual guarantee amount, including this guarantee, is within the scope of the Company's consolidated financial statements) exceeding 50% of the latest audited net assets of the listed company. Investors are advised to pay attention to the related risks.
I. Overview of Guarantees
(1) Adjustment of Guarantee Limits
To meet the operational development needs of the Company, on May 28, 2026, the Company adjusted the guarantee limit for its subsidiaries within the approved limit from the 2025 annual shareholders' meeting. The unused portion of the guarantee limit for Zhejiang Jiemei Electronic Information Materials Co., Ltd. (hereinafter referred to as "Zhejiang Electric Materials") was transferred to Tianjin Jiemei Electronic Information Materials Co., Ltd. (hereinafter referred to as "Tianjin Electric Materials"). The details are as follows:
| Guarantor | Guaranteed Party | Adjustment Direction | Available Guarantee Limit Before Adjustment | Adjustment Amount | Available Guarantee Limit After Adjustment | Actual Guarantee Balance as of Now (Actual Amount) | Debt-to-Asset Ratio Limit |
|---|---|---|---|---|---|---|---|
| Company | Zhejiang Electric Materials | Outgoing | 110,000 | 60,000 | 50,000 | 26,858 | Below 70% |
| Company | Tianjin Electric Materials | Incoming | 130,000 | 60,000 | 190,000 | 38,014 | Below 70% |
(2) Current Guarantee Situation
On May 28, 2026, the Company signed a "Maximum Guarantee Contract" with the Anji Branch of Industrial and Commercial Bank of China, providing a joint liability guarantee for Tianjin Electric Materials' application for a maximum credit limit of RMB 1.23 billion. This guarantee and the adjustment of the guarantee limit are within the approved limit by the board of directors and the shareholders' meeting, and there is no need for the Company to convene another board of directors or shareholders' meeting for review.
(3) Review Procedures
Zhejiang Jiemei Electronic Technology Co., Ltd. held the fourth meeting of the fifth board of directors on April 17, 2026, and the 2025 annual shareholders' meeting on May 11, 2026, where the proposal for mutual guarantees among the Company and its subsidiaries for financing needs was approved. To manage the Company's financing and support the development of wholly-owned subsidiaries, the Company plans to provide mutual guarantees among its subsidiaries within a financing limit of RMB 5 billion. The expected guarantee limits for each subsidiary are as follows: