Acquisition right-of-use assets of building

Subject: Subsidiary,ShenZhen FerTile Plan international Logistics Co., Ltd. acquisition right-of-use assets of building

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):Right-of-use assets of building at District C, Baoyuan Technology Area, Guanlan Sub-district

2.Date of occurrence of the event:2022/06/17

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:

Transaction unit amount:165,934 square meters, equivalent to 50,207 ping

Monthly rental price per unit:RMB 43.7/ping

total transaction price:RMB 768,906,421

4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):FuDing Precision Components (ShenZhen) Co., Ltd.;affiliate

5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:Group resource integration;NA

6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:NA

7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):NA

8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:

Term: 20 years. Subject to compliance with applicable PRC laws and the Listing Rules, Futaitong shall be entitled to renew the Lease for not less than 15 years.

Real Estate Rental Fee: RMB868.68 million (inclusive of VAT).

After an initial term of 20 years, if for reason of Fu Ding the term of the renewed Lease is reduced to an extent of less than 15 years, the Real Estate Rental Fee payable by Futaitong shall be decreased by RMB6.82 million per eliminated year.

Delivery time of assets: Delivery when the real estate is completed and the real estate certificate is obtained

Payment schedule: During the construction of real estate, Futaitong will prepay the rental Fee of RMB 630 million, and the remaining rental Fee of RMB 238.68 million will be paid in 5 equal instalments commencing from the 20th day of the month following the month in which Fu Ding obtains the real estate certificate, and the subsequent dates of the anniversary.

9.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit: Negotiated;market price; shareholder Resolution

10.Name of the professional appraisal firm or company and its appraisal price:

JZ (Shanghai) Assets Appraisal Co., LTD：RMB 788 million

Ningbo Jingde Property Appraisal Co.,Ltd：RMB 797 million

11.Name of the professional appraiser:

JZ (Shanghai) Assets Appraisal Co., LTD：LUO,JIA

Ningbo Jingde Property Appraisal Co.,Ltd：YUAN,RONG-YAN

12.Practice certificate number of the professional appraiser:

LUO,JIA/31200133

YUAN,RONG-YAN/30190039

13.The appraisal report has a limited price, specific price, or special price:NA

14.An appraisal report has not yet been obtained:NA

15.Reason for an appraisal report not being obtained:NA

16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA

17.Name of the CPA firm:NA

18.Name of the CPA:NA

19.Practice certificate number of the CPA:NA

20.Broker and broker's fee:None

21.Concrete purpose or use of the acquisition or disposal:operational needs

22.Any dissenting opinions of directors to the present transaction:None

23.Whether the counterparty of the current transaction is a related party:Yes

24.Date of the board of directors resolution:2022/06/17

25.Date of ratification by supervisors or approval by the audit committee:2022/06/17

26.The transaction is to acquire a real property or right-of-use asset from a related party:Yes

27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies:NTD3,457,464,613

28.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations:NA

29.Any other matters that need to be specified:None