Announcement on Dilution of Immediate Returns, Compensation Measures, and Commitments of Related Parties for Shenzhen Electronics Co., Ltd.'s 2026 Private Placement of Shares

Securities Code: 002916 Securities Abbreviation: Shenzhen Electronics Announcement Number: 2026-031

Shenzhen Electronics Co., Ltd.

Announcement on Dilution of Immediate Returns, Compensation Measures, and Commitments of Related Parties for Shenzhen Electronics Co., Ltd.'s 2026 Private Placement of Shares

The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

In accordance with the requirements of the "Opinions of the General Office of the State Council on Further Strengthening the Protection of the Legal Rights and Interests of Small and Medium Investors in the Capital Market" (Guo Ban Fa [2013] No. 110), the "Several Opinions of the State Council on Further Promoting the Healthy Development of the Capital Market" (Guo Fa [2014] No. 17), and the "Guiding Opinions on Matters Related to the Dilution of Immediate Returns from Initial Public Offerings, Refinancing, and Major Asset Restructurings" (CSRC Announcement [2015] No. 31), in order to protect the interests of small and medium investors, Shenzhen Electronics Co., Ltd. (hereinafter referred to as the "Company") has conducted a thorough analysis of the impact of this issuance on the dilution of immediate returns and has proposed measures to compensate for the returns. Related parties have made commitments to ensure the effective implementation of the Company's return compensation measures. The details are as follows (unless otherwise specified, the abbreviations in this announcement have the same meaning as in the "Shenzhen Electronics Co., Ltd. 2026 Plan for Issuing Shares to Specific Objects"):

I. Impact of This Issuance on the Company's Main Financial Indicators

(I) Main Assumptions and Premises for Analysis

The Company analyzes the impact of this issuance on its main financial indicators based on the following assumptions. Investors are hereby reminded that the following assumptions do not represent the Company's judgment on future operating conditions and trends, nor do they constitute profit forecasts. Investors should not make investment decisions based on these assumptions. The Company shall not be liable for any losses incurred by investors making investment decisions based on these assumptions. The Company's issuance plan and the actual issuance situation after completion will be subject to the final approval of the China Securities Regulatory Commission.

The specific assumptions are as follows:

1. It is assumed that the macroeconomic environment, the market situation of the Company's industry, and the Company's operating conditions will not undergo significant adverse changes.

2. It is assumed that this issuance will be completed on December 31, 2026. This completion date is for the purpose of calculating the impact of the issuance on the main financial indicators of diluted immediate returns. The final completion date will be subject to the actual issuance and listing review by the Shenzhen Stock Exchange and the registration and approval of the China Securities Regulatory Commission.

3. It is assumed that the total amount of funds to be raised from this issuance is RMB 4,881.9688 million, excluding the impact of related issuance expenses. It is assumed that the number of shares to be issued is 204,349,978 shares, which does not exceed 30% of the Company's total share capital before this issuance. The assumptions on the total amount of funds to be raised and the number of shares issued are estimates for the purpose of this calculation. The final figures will be subject to the actual issuance situation reviewed and approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission.

4. The impact of the raised funds on the Company's production and operation, financial status (such as financial expenses, investment income), etc., after they are in place is not considered.

5. The net profit attributable to the parent company in 2025 is RMB 3,275.7382 million, and the net profit attributable to the parent company after deducting non-recurring gains and losses is RMB 3,113.6275 million. It is assumed that in 2026, the net profit attributable to the parent company's shareholders before and after deducting non-recurring gains and losses will be in one of the following three scenarios: (1) flat compared to 2025; (2) an increase of 10%; (3) an increase of 20%. This as