Jiangsu Yinhe Electronics Co.Ltd(002519) : Announcement on obtaining government subsidies in 2021

Securities code: 002519 securities abbreviation: Jiangsu Yinhe Electronics Co.Ltd(002519) Announcement No.: 2022-001

Jiangsu Yinhe Electronics Co.Ltd(002519)

Announcement on obtaining government subsidies in 2021

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

1、 Basic information of obtaining subsidies

In 2021, Jiangsu Yinhe Electronics Co.Ltd(002519) (hereinafter referred to as “the company”) and its subsidiaries

The company has received a total of 33.893 million yuan of government subsidies related to income, and has received a total of assets

Relevant government subsidies are 183300 yuan. Details are as follows:

Unit: 10000 yuan

The amount of subsidy provided by the subsidy project of the type of entity subsidy obtained

Hefei Tongzhi electronic control based on Beidou navigation integrated support system for the economy and information of Anhui Province

R & D hall 500 and its industrialization of revenue related vehicle on-board mobile terminal technology of Manufacturing Technology Co., Ltd

Hefei Tongzhi electronic control and revenue related high growth enterprise financial and tax contribution subsidy Hefei high tech Zone Science and Technology 200 System Technology Co., Ltd

Fujian Junpeng communication section and revenue related 2020 industrial Internet special fund Fuzhou Taijiang District Finance Technology Co., Ltd

Other small government subsidies related to income from the company and its subsidiaries, 248930 companies from local governments and other units (no more than 2 million each)

Subtotal 3389.30

Hefei Tongzhi electronic control and asset related advanced manufacturing technology transformation project in 2021 Hefei Economic and information 18.33 Automation Technology Co., Ltd

Total 3407.63

2、 Types of subsidies and their impact on Listed Companies

According to the relevant provisions of the accounting standards for Business Enterprises No. 16 – government subsidies, among the above government subsidies obtained by the company and its subsidiaries, the government subsidies related to income totaled 33.893 million yuan, including 33.6430 million yuan

10000 yuan is recognized as other income and directly included in the current profit and loss. The remaining 250000 yuan is municipal supporting funds for provincial economic construction and national defense construction integrated development projects, which are included in deferred income due to incomplete project acceptance, and 183300 yuan of government subsidies related to assets are included in deferred income.

The government subsidies received above are expected to increase the total profit of 33.643 million yuan in 2021.

The specific accounting treatment of the above government subsidies shall be subject to the results confirmed by the annual audit of the accounting firm. Please pay attention to investment risks.

3、 Documents for future reference

1. Government approval on subsidies;

2. Collection voucher.

It is hereby announced.

Jiangsu Yinhe Electronics Co.Ltd(002519) board of directors January 13, 2022

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