Wuhan Jingce Electronic Group Co., Ltd. Announcement on Foreign Exchange Hedging Business

Securities Code: 300567 Securities Abbreviation: Jingce Electronic Announcement No.: 2026-046

Wuhan Jingce Electronic Group Co., Ltd. Announcement on Foreign Exchange Hedging Business

The company and the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.

Key Content Highlights:

1. Purpose of the Transaction: To effectively hedge against the risks of the foreign exchange market and prevent significant fluctuations in exchange rates, Wuhan Jingce Electronic Group Co., Ltd. (hereinafter referred to as the "Company") plans to moderately engage in foreign exchange hedging business in conjunction with its fund management requirements and daily operational needs to strengthen its foreign exchange risk management. This business will not affect the development of the Company's main business. Through this business, the Company can optimize its currency structure, reduce capital losses, and arrange fund utilization more reasonably.
2. Types of Transactions: The types of transactions planned for foreign exchange hedging business include, but are not limited to, forwards, swaps, options, or combinations of the above products, with underlying assets including exchange rates, interest rates, currencies, or combinations of the above assets.
3. Transaction Amount: Within the approved validity period, the Company and its subsidiaries plan to conduct foreign exchange hedging business, with the transaction amount at any point in time (including related amounts from the proceeds of the aforementioned transactions being re-traded) not exceeding RMB 500 million or its equivalent in other currencies. This quota can be used repeatedly within the validity period.
4. Deliberation Procedures: In accordance with the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 7 - Transactions and Connected Transactions," the current foreign exchange hedging business has been reviewed and approved by the twelfth meeting of the fifth board of directors and the second meeting of the board's audit committee in 2026. This matter does not require submission to the shareholders' meeting for deliberation.
5. Special Risk Warning: The Company's foreign exchange hedging business adheres to the principles of legality, prudence, safety, and effectiveness. It will not engage in speculative or arbitrage operations. However, due to factors such as the selection of investment targets and market conditions, there are significant uncertainties. Investors are kindly requested to pay attention to investment risks.

The Company held the twelfth meeting of the fifth board of directors on April 26, 2026, and reviewed and approved the "Proposal on the Company's Foreign Exchange Hedging Business." It was agreed that the Company and its subsidiaries would conduct foreign exchange hedging business, with the transaction amount at any point in time (including related amounts from the proceeds of the aforementioned transactions being re-traded) not exceeding RMB 500 million or its equivalent in other currencies. The validity period is from the date of the board's approval of the 2025 foreign exchange hedging business to the date of the board's approval of the 2026 foreign exchange hedging business. This quota can be used repeatedly within the validity period. The relevant situation is hereby announced as follows: