Zhejiang Dongjing Electronics Co., Ltd. Fourth Risk Warning Announcement Regarding the Possible Delisting of the Company's Stock

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2026-03-28 01:41:43

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Stock code: 002199 Stock abbreviation: *ST Dongjing Announcement number: 2026017

Zhejiang Dongjing Electronics Co., Ltd.

Fourth Risk Warning Announcement Regarding the Possible Termination of the Company’s Stock Listing

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

Zhejiang Dongjing Electronics Co., Ltd. (hereinafter referred to as the “Company”) published the announcement titled “Announcement on the Implementation of Delisting Risk Warning and Stock Suspension of Trading” (Announcement No.: 2025014) in designated information disclosure media on March 25, 2025. Due to the company’s audited financial indicators for the fiscal year 2024 touching on the provisions of Article 9.3.1 of the “Shenzhen Stock Exchange Stock Listing Rules” (hereinafter referred to as the “Listing Rules”) regarding “(1) The lowest of the total profit, net profit, and net profit after deducting non-recurring gains and losses audited for the most recent fiscal year being negative, and the deducted operating revenue being less than 300 million yuan,” the company’s stock trading was subject to delisting risk warning starting from March 26, 2025. If the company encounters relevant situations specified in Article 9.3.12 of the Listing Rules in fiscal year 2025, there is a risk that the company’s stock may be terminated from listing.
According to Article 9.3.6 of the Listing Rules, the company is required to disclose a risk warning announcement regarding the potential termination of its stock listing within one month after the end of the accounting year in which the stock trading was subject to delisting risk warning and to disclose a risk warning announcement every ten trading days from the first risk warning announcement until the annual report is disclosed. This announcement is the company’s fourth risk warning announcement, and we urge all investors to invest rationally and pay attention to investment risks.
On January 27, 2026, the company published the “2025 Annual Performance Forecast” (Announcement No.: 2026006) in designated information disclosure media, predicting that the total profit, net profit, and net profit after deducting non-recurring gains and losses for the fiscal year 2025 would all be negative, with deducted operating revenue expected to be approximately 330 million to 360 million yuan. The deducted operating revenue includes income from the newly added battery-grade lithium carbonate business for fiscal year 2025, amounting to approximately 102 million yuan. The related performance forecast is the preliminary calculation result of the company’s finance department, and since the annual financial data for 2025 has not yet been audited, the amount of deducted operating revenue expected by the company has not been specifically confirmed by audit, and there is uncertainty. The specific financial data will be subject to the audited annual report for 2025 disclosed by the company.
As of the date of this announcement, the financial conditions that may lead to the termination of the company’s stock listing are shown in the table below:

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Reasons for the Possible Termination of the Company’s Stock Listing

Due to the company’s audited financial indicators for the fiscal year 2024 touching on the provisions of Article 9.3.1 of the Listing Rules regarding “(1) The lowest of the total profit, net profit, and net profit after deducting non-recurring gains and losses audited for the most recent fiscal year being negative, and the deducted operating revenue being less than 300 million yuan,” the company’s stock trading was subject to delisting risk warning starting from March 26, 2025. If the company encounters relevant situations specified in Article 9.3.12 of the Listing Rules in fiscal year 2025, there is a risk that the company’s stock may be terminated from listing.

According to Article 9.3.12 of the Listing Rules: "If a listed company, after its stock trading is subject to delisting risk warning due to touching on the first clause of Article 9.3.1 of these rules, subsequently encounters one of the following situations in the next fiscal year, the exchange will decide to terminate its stock listing:

(1) The lowest of the total profit, net profit, and net profit after deducting non-recurring gains and losses audited is negative, and the deducted operating revenue is below 300 million yuan.

(2) The audited net assets at the end of the period are negative.

(3) The financial accounting report is issued with a qualified opinion, disclaimer of opinion, or adverse opinion in the audit report.

(4) After retrospective restatement, the lowest of the total profit, net profit, and net profit after deducting non-recurring gains and losses is negative, and the deducted operating revenue is below 300 million yuan; or the retrospective restatement results in negative net assets at the end of the period.

(5) The internal control of the financial report is issued with a disclaimer of opinion or adverse opinion in the audit report.

(6) Failing to disclose the internal control audit report as required, except where it cannot be disclosed due to completion of bankruptcy reorganization, restructuring listing, or major asset reorganization in accordance with relevant regulations.

(7) Failing to disclose more than half of the directors’ guarantees of the truthfulness, accuracy, and completeness of the annual report within the statutory deadline.

(8) Although meeting the requirements of Article 9.3.8, failing to apply to the exchange for the withdrawal of the delisting risk warning within the specified time.

(9) The application for withdrawal of the delisting risk warning is not approved by the exchange.

(10) Other situations recognized by the exchange."

Disclosure of Previous Termination of Listing Risk Warning Announcements

According to Article 9.3.6 of the Listing Rules, the company is required to disclose a risk warning announcement regarding the potential termination of its stock listing within one month after the end of the accounting year in which the stock trading was subject to delisting risk warning and to disclose a risk warning announcement every ten trading days from the first risk warning announcement until the annual report is disclosed. The company has complied with the above regulations and published the announcements titled “Risk Warning Announcement Regarding the Possible Termination of the Company’s Stock Listing” (Announcement No.: 2026007), “Second Risk Warning Announcement Regarding the Possible Termination of the Company’s Stock Listing” (Announcement No.: 2026010), and “Third Risk Warning Announcement Regarding the Possible Termination of the Company’s Stock Listing” (Announcement No.: 2026016) in designated information disclosure media on January 27, 2026, February 10, 2026, and March 4, 2026, respectively.

This announcement is the company’s fourth risk warning announcement, and we urge all investors to invest rationally and pay attention to investment risks.

Other Explanations and Risk Warnings
On January 27, 2026, the company published the “2025 Annual Performance Forecast” (Announcement No.: 2026006) in designated information disclosure media, predicting that the total profit, net profit, and net profit after deducting non-recurring gains and losses for the fiscal year 2025 would all be negative, with deducted operating revenue expected to be approximately 330 million to 360 million yuan. The deducted operating revenue includes income from the newly added battery-grade lithium carbonate business for fiscal year 2025, amounting to approximately 102 million yuan. The related performance forecast is the preliminary calculation result of the company’s finance department, and the relevant audit work is still in progress. The specific financial data will be subject to the audited annual report for 2025 disclosed by the company. As of the date of this announcement, since the company’s annual financial data for 2025 has not yet been audited, the amount of deducted operating revenue expected by the company has not been specifically confirmed by audit, and there is uncertainty. Therefore, the company’s stock still faces the risk of being terminated from listing by the Shenzhen Stock Exchange due to touching on the provisions of the Listing Rules regarding “the lowest of the total profit, net profit, and net profit after deducting non-recurring gains and losses being negative, and the deducted operating revenue being less than 300 million yuan.” We urge all investors to pay attention to investment risks and invest rationally.
The company will strictly adhere to the Listing Rules and other relevant regulations to timely fulfill its information disclosure obligations. The designated information disclosure media for the company are the “Securities Times,” “Securities Daily,” “China Securities Journal,” “Shanghai Securities Journal,” and the Giant Tide Information Network (www.cninfo.com.cn). All relevant information of the company shall be subject to the disclosures in the above designated media. We advise all investors to make cautious decisions and pay attention to investment risks.

This announcement is hereby made.

Zhejiang Dongjing Electronics Co., Ltd.

Board of Directors

March 18, 2026

Vast information, precise interpretations, all available in the Sina Finance APP.

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