Subsidiary engaging others to build on own land

Subject: Subsidiary, FuDing Precision Components (ShenZhen) Co., Ltd. engaging others to build on own land

Contents:

1.Type of contract:Engaging others to build on own land

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

3.Counterparty to the contract and relationship with the Company:To be announced later

4.Major content of the contract (including total contract amount, anticipated monetary amount of participation in the investment, and start and end dates of the contract), restrictive covenants, and other important terms and conditions:

Major content of the contract,restrictive covenants, and other important terms:To be announced later

Anticipated monetary amount of participation in the investment:RMB630,000,000

5.Name of the professional appraisal firm or company and its appraisal opinion: NA

6.Name of the real property appraiser: NA

7.Practice certificate number of the real property appraiser: NA

8.Concrete purpose of the acquisition: operational needs

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

10.Whether the counterparty of the current transaction is a related party: No

11.Date of the board of directors resolution: NA

12.Date of ratification by supervisors or approval by the audit committee: NA

13.The appraisal report has a limited price, specific price, or special price: No

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.Any other matters that need to be specified: None