Subsidiary disposal and obtaining of equipment

Subsidiary, announces disposal and obtaining of equipment

No: 1

Subject: Subsidiary FUJIN PRECISION INDUSTRIAL (JINCHENG) Co., LTD. announces disposal of equipment

Contents:

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

2. Date of the occurrence of the event: 2019/09/30~2019/09/30

3. Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price: 3,812 units of equipment ; RMB172,907,230

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): Triple Win Technology (Jincheng) Co., Ltd.; Connection company

5. Where the counterparty to the trade is an actual related party, a public announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition: Operation requirement ; Na

6. Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person's relationship to the company at those times: Dates of acquisition: 2005~2019; Prices of acquisition: RMB306,824,789 ;The person's relationship to the company at those times: Connection company

7. Anticipated loss or profit from the disposal (not applicable in cases of acquisition of assets) (where originally deferred, the status or recognition shall be stated and explained):RMB0

8. Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations: None

9. 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: Book value ; Board of Directors

10. Broker and broker's fee: None

11. Concrete purpose or use of the acquisition or disposal: Operation requirement

12. Do the directors have any objection to the present transaction?:None

13. Is it a related party transaction?:Yes

14. Date of the board of directors'resolution:2019/09/30

15. Date of the recognition of the supervisors or the board of independent directors' resolution : 2019/09/30

16. Is the transaction to acquire a real estate or right-of-use asset from the related party? No

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

No: 2

Subject: Subsidiary Triple Win Technology (Jincheng) Co., Ltd. announces obtaining of equipment

Contents:

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

2. Date of the occurrence of the event: 2019/09/30~2019/09/30

3. Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price: 3,812 units of equipment ; RMB172,907,230

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): FUJIN PRECISION INDUSTRIAL(JINCHENG) Co., LTD.; Connection company

5. Where the counterparty to the trade is an actual related party, a public announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition: Operation requirement ; Na

6. Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person's relationship to the company at those times: Dates of acquisition: 2005~2019; Prices of acquisition: RMB306,824,789 ;The person's relationship to the company at those times: Connection company

7. Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations: None

8. 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: Book value ; Board of Directors

9. Broker and broker's fee: None

10. Concrete purpose or use of the acquisition or disposal: Operation requirement

11. Do the directors have any objection to the present transaction?:None

12. Is it a related party transaction?:Yes

13. Date of the board of directors'resolution:2019/09/30

14. Date of the recognition of the supervisors or the board of independent directors' resolution : 2019/09/30

15. Is the transaction to acquire a real estate or right-of-use asset from the related party? No

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