Subsidiary obtaining of financial products

Subject: Subsidiary, YANTAI FUHUADA PRECISION ELECTRONICS

CO.,LTD.,announces obtaining of financial products

Date of events: 2014/07/15

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 64 days" financial products

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

RMB300,000,000

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): RMB300,000,000