obtaining and disposal of financial products

No.1

Subject: Subsidiary, YANTAI FUHUADA PRECISION ELECTRONICS

CO.,LTD.,announces obtaining of financial products

Date of events: 2014/07/17

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):

Bank of Communications, "Yun Tong wealth, increasing profits 45 days" financial products

2.Volume, unit price, and total monetary amount of the transaction:

RMB200,000,000

3.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):

BANK OF COMMUNICATIONS;None

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): RMB200,000,000

No.2

Subject: Subsidiary, HONG ZHUN PRECSION TOOLING(KUN SHAN)

CO.,LTD.,announces obtaining of financial products

Date of events: 2014/07/17

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):

The No.1256 "JinYaoShi. BenLiFeng" RMB Wealth Management Products Of The Agricultural Bank of China,2014

2.Volume, unit price, and total monetary amount of the transaction:

RMB 70,000,000

3.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):

AGRICULTURAL BANK OF CHINA KUNSHAN BRANCH;None

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): RMB 70,000,000

No.3

Subject: Subsidiary, Hon Xun Electrical Industry (Hangzhou) CO., LTD.,announces disposal of financial products

Date of events: 2014/07/17

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):

ICBC rmb financing products instructions of corporation-icbc financing win-win no.3-044

2.Volume, unit price, and total monetary amount of the transaction:

RMB130,000,000

3.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):

Industrial and commercial bank of China hangzhou economic and technology development area branch;None

4.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained): RMB1,730,958.90