Board of Directors' Statement on the Completeness and Compliance of Legal Procedures for the Transaction and the Validity of Submitted Legal Documents

Zhejiang Jiemei Electronics Co., Ltd. Board of Directors

Statement on the Completeness and Compliance of Legal Procedures for the Transaction and the Validity of Submitted Legal Documents

Zhejiang Jiemei Electronics Co., Ltd. (hereinafter referred to as the "Company") proposes to issue shares to acquire 100% equity of Changsha Eufos Technology Co., Ltd. (hereinafter referred to as the "Target Company") held by all shareholders of the Target Company (hereinafter referred to as the "Transaction Counterparties") and to raise supporting funds (hereinafter referred to as the "Transaction").

In accordance with the "Administrative Measures for Major Asset Restructuring of Listed Companies," "Administrative Measures for Information Disclosure by Listed Companies," "Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange," "Content and Format Rules for Information Disclosure by Publicly Issuing Securities Companies No. 26 – Major Asset Restructuring of Listed Companies," "Supervision Guidelines for Listed Companies No. 7 – Supervision of Abnormal Stock Trading in Major Asset Restructuring of Listed Companies," and other relevant laws, regulations, normative documents, and the "Articles of Association," the Company's Board of Directors has diligently reviewed the completeness and compliance of the legal procedures for the Transaction and the validity of the submitted legal documents, and hereby provides the following explanation:

I. Explanation on the Fulfillment of Legal Procedures for the Transaction

(I) During the period of negotiation and preliminary intention agreement with the Transaction Counterparties regarding the Transaction, the Company implemented necessary and sufficient confidentiality measures and strictly limited the scope of knowledge of sensitive information related to the Transaction.