FUTAIHUA (ZHENGZHOU) Obtain of Fixed Asset

Subject: Subsidiary FUTAIHUA PRECISION ELECTRONICS (ZHENGZHOU) CO.,LTD. Obtain of Fixed Asset

Date of events:2016/01/06

Contents:

1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX, North District, Taichung City):

61-62F, the North Tower, "Zhengdong,Greenland Center",Intersection of East Jinshui Road and South Dongfeng Road

2.Date of the occurrence of the event:2016/01/06

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price:

Transaction volume: 6,020.76㎡, convert into 1,821.28 Ping

Unit price: RMB15,500

Total transaction price:RMB93,321,780

4.Counterparty to the trade and its relationship with the company (if the trading counterpart is a natural person and is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):

Henan Greenland Square Property Development Co. Ltd.; None

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

If done, housing purchase funds should be one-off paid fully.

6.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for the decision on price and the decision-making department:

Bargain; Market quotation; Board of director

7.Name of the professional appraisal institution and its appraisal amount:

Henan Guangming Assets Assessment Co, Ltd.

Amount of valuation:RMB185,728,600

8.Broker and broker's fee: 

Henan Guangming Assets Assessment Co, Ltd ;RMB40,000

9.Concrete purpose or use of the acquisition or disposal:

Used as office of R&D Center