The disposal of PRC investment Beijing Ainemo

Subject:To announce the disposal of PRC investment Beijing Ainemo Network Technology Limited

Date of events:2020/05/15

Contents:

1.Date of occurrence of the event:2020/05/15

2.Method of the present increase (decrease) in investment:

The Company's subsidiary FOXCONN (FAR EAST) LIMITED-CY that invests in FOXTEQ HOLDINGS INC.-CY disposal AINEMO INC.-CY 6.45% shares indirect disposal Beijing Ainemo Network Technology Limited.

3.Transaction volume, price per unit, and total monetary amount of the transaction:

Transaction volume:196,527,769 shares

Price per unit:USD 0.19695

Total amount equals: USD 38,706,144.10

4.Company name of the invested mainland Chinese company:

Beijing Ainemo Network Technology Limited

5.Paid-in capital of said invested mainland Chinese company:

USD 50,000,000

6.Main business items of said invested mainland Chinese company:

AI smart speaker with screen, technical service, technical development, AI application software service, data processing.

7.Type of CPA opinion issued for the financial statementof said invested mainland Chinese company for the most recent fiscal year:Unqualified opinion

8.Total equity of said invested mainland Chinese company on the financial statement for the most recent fiscal year:

RMB -121,001,569.71

9.Amount of profit/loss of said invested mainland Chinese company on the financial statement for the most recent fiscal year:RMB -109,934,325.75

10.Amount of actual investment to date in said invested mainland Chinese company:

USD 6,000,000

11.Counterparty to the transaction and its relationship to the Company:

Beijing Baizhi baineng management consulting hehuo qiye;None

12.Gain (or loss) on disposal:USD 23,190,594.73

13.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:

(1)SPA Special Indemnification to buyer: our maximum Liability is USD 1.292 million

(2)The First ODI Filing within ninety (90) days after the Signing Date.

14.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department:

The manner of deciding on this transaction:Negotiation

The reference basis for the decision on price:Depends on product sale quantity

The decision-making department:Board of Directors

15.Concrete purpose of the acquisition or disposal:

Realized investment gains

16.Total amount of mainland China area investment (including the present investment) approved by the Investment Commission to date:USD 11,761,942,746.62

17.Ratio of the total amount of investment (including the present investment) in the mainland China area approved by the Investment Commission to date to the paid-in capital on the financial statement for the most recent period:253.43%

18.Ratio of the total amount of investment (including the present investment) in the mainland China area approved by the Investment Commission to date to the total assets on the financial statement for the most recent period:11.60%

19.Ratio of the total amount of investment (including the present investment) in the mainland China area approved by the Investment Commission to date to the shareholders'equity on the financial statement for the most recent period:28.98%

20.Total amount of actual investment in the mainland China area to date:USD 10,606,656,342.67

21.Ratio of the total amount of actual investment in the mainland China area to date to the paid-in capital on the financial statement for the most recent period:228.54%

22.Ratio of the total amount of actual investment in the mainland China area to date to the total assets on the financial statement for the most recent period:10.46%

23.Ratio of the total amount of actual investment in the mainland China area to date to the shareholders' equity on the financial statement for the most recent period:26.14%

24.Amount of recognized profits and losses on investment in the mainland China area for the most recent three fiscal years:

2017: NT$ 63,448,344,000;

2018: NT$ 114,769,307,000;

2019: NT$ 105,832,857,000;

25.Name of the CPA firm:ATAX Accounting Firm

26.Name of the certifying CPA:Danny Cheng

27.The practice certificate number of the CPA:

Financial-Supervisory-Securities-Corporate-5720