Wuhan Jingce Electronic Group Co., Ltd. states that parties involved in its proposed share issuance and cash acquisition of Shanghai Jingce Semiconductor Technology Co., Ltd. do not violate regulatory provisions. Specifically, they are not under investigation for insider trading related to the transaction and have not been penalized by regulators or prosecuted in the last 36 months.
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Wuhan Jingce Electronic Group Co., Ltd. Board of Directors
Statement of Parties Involved in the Transaction Not Meeting Conditions Under Article 12 of the "Supervision Guideline No. 7 for Listed Companies – Regulation of Abnormal Trading of Stocks Related to Major Asset Restructuring" and Article 30 of the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guideline No. 8 – Major Asset Restructuring"
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