Company announces indirect PRC investment

Subject: Company announces indirect PRC investment

Date of occurrence of the event:2016/05/12

Contents:

1.Method of the present increase (decrease) in investment:

The company Invests In Jin Ji Full Precision Machinery (HUAIAN) Co., Ltd.,via increasing investment in Foxconn (Far East) Limited,one of the company's subsidiary, that invests in Flying Tiger Holdings Co., Limited that invests Jin Ji Full Internet Of Things Security Data Co., Ltd. that invests In Jin Ji Full Precision Machinery Co., Ltd.

2.Transaction volume, price per unit, and total monetary

amount of the transaction: USD 10,000,000

3.Company name of the invested mainland Chinese company:

Jin Ji Full Precision Machinery (HUAIAN) Co., Ltd.

4.Main business items of said invested mainland Chines company:

Manufacturing and processing of precision mold and component

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

Long Term Investment

Subject: Merger involves Mainland China Subsidiaries

Date of occurrence of the event:2016/05/12

Contents:

1.Kind of merger/acquisition (e.g.merger, consolidation, spin-off

 ,acquisition, or receiving assignment of shares):Merger

2.Date of occurrence of the event:2015/05/12

3.Names of companies participating in the merger (e.g.name of the other company participating in the merger or consolidation, newly established company in a spin-off, acquired company, or company whose shares are taken assignment of):

KANGZHUN ELECTRONICAL TECHNOLOGY (KUNSHAN) CO., LTD. merged with Company's another Mainland China subsidiary,INNOCOM ELECTRONICS(KUNSHAN) CO.,LTD.

4.Counterparty (e.g.name of the other company participating in the merger or consolidation, company taking assignment of the spin-off, or counterparty to the acquisition or assignment of shares):

Extended company: KANGZHUN ELECTRONICAL TECHNOLOGY (KUNSHAN) CO., LTD.

Annihilation company: INNOCOM ELECTRONICS(KUNSHAN) CO.,LTD.

5.Relationship between the counterparty and the Company (investee company in which the Company has re-invested and has shareholding of XX%), and explanation of the reasons for the decision to acquire, or take assignment of the shares of, an affiliated enterprise or related person, and whether it will affect shareholders' equity:

Both are Company's 100% owned subsidiaries. no effect on equity.

6.Purpose/objective of the merger/acquisitionation:

@ Integrate internal resources, improve company's capital structure,

7.Anticipated benefits of the merger/acquisition:

@ To achieve better manufacturing capabilities and economic returns.

8.Share exchange ratio and basis of its calculation:1 on 1

9.Scheduled timetable for consummation:2016

10.Matters related to assumption by the existing company or new company of rights and obligations of the extinguished (or spun-off) company:

KANGZHUN ELECTRONICAL TECHNOLOGY (KUNSHAN) CO., LTD. as the survivingentity will assume all INNOCOM ELECTRONICS (KUNSHAN) CO.,LTD. asset and liability.

11.Basic information of companies participating in the merger:

KANGZHUN ELECTRONICAL TECHNOLOGY (KUNSHAN) CO., LTD. engages in Industrial Personal Computer and Liquid Crystal Display

INNOCOM ELECTRONICS (KUNSHAN) CO.,LTD. engages in LCD computer monitors