The Board of Directors of Zhejiang Jiemei Electronic Technology Co., Ltd.
Statement on Compliance with Article 4 of the Regulatory Requirements for Listed Companies' Planning and Implementation of Major Asset Restructuring
Zhejiang Jiemei Electronic Technology Co., Ltd. (hereinafter referred to as the "Company") proposes to issue shares to acquire 100% equity in Changsha Efoes Technology Co., Ltd. (hereinafter referred to as "Efoes") held by all its shareholders (hereinafter referred to as the "Transaction Counterparties") and to raise supporting funds (hereinafter referred to as the "Transaction").
In accordance with the "Regulatory Requirements for Listed Companies' Planning and Implementation of Major Asset Restructuring" (hereinafter referred to as the "Regulatory Requirements No. 9"), the Company's Board of Directors has prudently analyzed whether the Transaction complies with Article 4 of the Regulatory Requirements No. 9. The details are as follows: