Subsidiary FOXTEQ HOLDINGS obtaining Megvii shares

Subject: Subsidiary FOXTEQ HOLDINGS INC. obtaining Megvii Technology Limited shares

Date of events:2016/09/30

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):Megvii Technology Limited Preferred Stock

2.Date of occurrence of the event: 2016/09/30

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

2,275,770 shares at USD$8.7882353 each; total amount equals

USD$20,000,000

4.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):

Megvii Technology Limited; Noen

5.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making department: Negotiation；According to market conditions；Board of directors

6.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):

2,275,550 shares；USD20,000,000；approximately 3.286%；restriction

of rights: None

7.Current ratio of long or short term securities investment

(including the current trade) to the total assets and shareholder's

equity as shown in the most recent financial statement and the

operating capital as shown in the most recent financial statement:

2.21%; ratio to shareholder's equity: 5.88%; operating capital:

NTD131,768,410,000

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

Long Term Investment