Jingce Electronic: A subsidiary Shanghai Jingce Semiconductor Technology Co., Ltd. and other companies within the scope of the consolidated financial statements recently received government grant of 108 million yuan.

Jingce Electronics announced that its holding subsidiary, Shanghai Jingce Semiconductor Technology Co., Ltd., and other companies within its consolidated financial statements recently received government subsidy funds totaling 108 million yuan. Of this amount, government subsidies related to income amounted to 87.1722 million yuan, accounting for 89.32% of the company's audited net profit for the most recent accounting year; government subsidies related to assets amounted to 21.2798 million yuan, accounting for 0.61% of the company's audited net assets for the most recent accounting year.