Subsidiary FuXiang obtaining MINGYANG shares

Subject: Subsidiary FuXiang Precision Industrial (KunShan) CO.,LTD. obtaining MINGYANG REALTY DEVELOPMENT (KUNSHAN) CO.,LTD. shares

Contents:

1. Name of the securities: 

MINGYANG REALTY DEVELOPMENT (KUNSHAN) CO.,LTD. shares

2. Trading date: 2019/04/12

3. Trading volume, unit price, and total monetary amount of the transaction:

Total amount equals RMB217,730,000

4. 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):

Rest Assured Properties Limited ;None

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:

Negotiation; According to market conditions; 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):

Current cumulative amount:RMB217,730,000; approximately 100%

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 operational capital as shown in the most recent financial statement:

Ratio to total assets:0.16%, to shareholder's equity:0.40%

Operating Capital:NTD-28,636,429,000

8. Concrete purpose/objective of the acquisition or disposal:

Long Term Investment