30 Sep 2016 10:58
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Subject: Subsidiary FOXTEQ HOLDINGS INC. obtaining Megvii Technology Limited shares
Date of events:2016/09/30
Contents:
1.Name and nature of the subject matter (if preferred shares,
 the terms and conditions of issuance shall also be indicated,
 e.g.dividend yield):Megvii Technology Limited Preferred Stock
2.Date of occurrence of the event: 2016/09/30
3.Volume, unit price, and total monetary amount of the transaction:
2,275,770 shares at USD$8.7882353 each; total amount equals
USD$20,000,000
4.Counterpart to the trade and its relationship to the Company
(if the trading counterpart is a natural person and furthermore
is not an actual related party of the Company, the name of the
trading counterpart is not required to be disclosed):
Megvii Technology Limited; Noen
5.The manner in which the current transaction was decided, the
reference basis for the decision on price, and the decision-making department: Negotiationï¼›According to market conditionsï¼›Board of directors
6.Current cumulative volume, amount, and shareholding percentage
of holdings of the security being traded (including the current
trade) and status of any restriction of rights (e.g.pledges):
2,275,550 sharesï¼›USD20,000,000ï¼›approximately 3.286%ï¼›restriction
of rights: None
7.Current ratio of long or short term securities investment
(including the current trade) to the total assets and shareholder's
equity as shown in the most recent financial statement and the
operating capital as shown in the most recent financial statement:
2.21%; ratio to shareholder's equity: 5.88%; operating capital:
NTD131,768,410,000
8.Concrete purpose or use of the acquisition or disposal:
Long Term Investment