Jingsheng Electromechanical: Affected by the Epidemic, Shangyu Plant Temporarily Suspends Production |

According to the Securities Times e Company, Jingsheng Electromechanical (300316) announced on the evening of December 12 that due to the epidemic, the company and its subsidiaries in Shangyu’s factories have begun to suspend production in an orderly manner. The main entities of the temporary suspension include the company and its subsidiaries within the scope of the consolidated statement: Shaoxing Shangyu Jingxin Electromechanical Technology Co., Ltd., Zhejiang Jinghong Precision Machinery Manufacturing Co., Ltd., Zhejiang Jingrui Electronic Materials Co., Ltd., and Zhejiang Meijing New Materials Co., Ltd., involving companies Crystal growth equipment, some crystal processing equipment, some sapphire materials, and auxiliary materials, consumables and parts. Although the current temporary suspension of production plant business accounts for a relatively large proportion of the company’s business, the temporary suspension of production is not expected to have an adverse effect on the company’s performance this year.