Zhenjiang Electronics Delays Response to Shanghai Stock Exchange Inquiry Again, Involving Overseas Subsidiary Sale

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Jiangsu Zhenjiang New Energy Equipment Co., Ltd. (Stock Code: 603507, Stock Abbreviation: Zhenjiang Co.) announced on March 20 that it has once again delayed responding to the inquiry letter from the Shanghai Stock Exchange regarding the company’s sale of its overseas subsidiary, with the delay not exceeding 5 trading days.

The announcement shows that Zhenjiang Co. received the “Inquiry Letter Regarding the Sale of Overseas Subsidiary by Jiangsu Zhenjiang New Energy Equipment Co., Ltd.” (Shanghai Stock Exchange Official Letter [2026] No. 0476) from the SSE on March 5, 2026, requesting a written reply within 5 trading days. The company had previously applied for a delay on March 13 due to the need for additional clarification on some issues.

As of the date of this announcement, the company and its intermediaries still need to further verify and improve the response to the inquiry letter. To ensure the authenticity, accuracy, and completeness of the reply, the company has applied to the Shanghai Stock Exchange for another extension. Zhenjiang Co. stated that it will continue to actively promote the reply process, organize all parties to complete the response to the inquiry letter as soon as possible, and fulfill its information disclosure obligations in a timely manner. The company apologizes for any inconvenience caused to investors.

The company also reminds investors that the specific reply to the inquiry letter should be based on the information published by the company’s designated information disclosure media and the Shanghai Stock Exchange website (www.sse.com.cn). Please pay attention to investment risks.

Date Event
March 5, 2026 Company received inquiry letter from SSE, requiring reply within 5 trading days
March 13, 2026 Company applied for the first extension to reply to the inquiry letter
March 20, 2026 Company announced another extension, not exceeding 5 trading days

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Editor: Xiao Lang Kuai Bao

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