Subject:The Board resolved of Subsidiary Hongfujin Precision Industry (Shenzhen) CO.,LTD. disposal Shenzhen YUTO Packaging Technology Co., Ltd. shares

Date of events:2021/11/05

Contents:

1.Name of the securities:Shenzhen YUTO Packaging Technology Co., Ltd. shares

2.Trading date:2021/11/05

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

Trading Volume:30,649,520 shares

The average sale price & total amout:transaction will be announced after

transaction is completed.

4.Gain (or loss) through disposal (not applicable in case of acquisition of securities):

The realized gains for this transaction will be announced after transaction

is completed.

5.Relationship with the underlying company of the trade:None

6.Current cumulative amount held, monetary amount, and shareholding percentage of cumulative holdings of the securities being traded (including the current trade), and status of any restriction of rights (e.g.pledges):

30,649,520 shares(including the  disposal current trade)； 

RMB 1,062,925,353.6；

approximately 3.29%；

restriction of rights:None

7.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:1.32%,

Ratioto shareholder's equity:3.35%

Operating Capital:NTD-125,205,791,000

8.Concrete purpose of the acquisition or disposal:Investment Realization

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

10.Whether the counterparty of the current transaction is a related party:NA

11.Trading counterparty and its relationship with the Company:None

12.Date of the board of directors resolution:NA

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

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