On June 14th, GeLonghui reported that Jingsheng Mechatronics (300316.SZ) announced that the 13th meeting of the fifth board of directors and the 13th meeting of the fifth supervisory board approved the "Proposal to Terminate the Listing of its Subsidiary to the Growth Enterprise Market". According to the authorization of the company's second extraordinary general meeting of shareholders in 2023, the company's board of directors agreed to terminate the listing of its subsidiary, Zhejiang Meijing New Materials Co., Ltd. (hereinafter referred to as "Meijing New Materials"), to the Shenzhen Stock Exchange's growth enterprise market (hereinafter referred to as "this listing") and withdraw relevant listing application documents.

Since the company began planning for the listing of its subsidiary, it has actively promoted related matters, organized intermediary agencies to conduct due diligence and other related work, and strictly fulfilled its decision-making procedures and information disclosure obligations in accordance with relevant laws, regulations and normative documents. Considering factors such as the current market environment, and to plan for the business development and capital operations of Meijing New Materials, after full communication and careful argumentation with relevant parties, the company decided to terminate the listing of Meijing New Materials on the Growth Enterprise Market and withdraw relevant listing application documents.