Subject:Subsidiary FuXiang Precision Industrial (KunShan) CO.,LTD. obtaining TUOZHAN PROPERTY DEVELOPMENT CO.,LTD. shares
Date of events:2019/05/09
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):
TUOZHAN PROPERTY DEVELOPMENT CO.,LTD. shares
2.Date of occurrence of the event:2019/05/09~2019/05/09
3.Volume, unit price, and total monetary amount of the transaction:RMB574,945,000
4.Counterparty 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):Ruby Financial Services Corp. ;None
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):
RMB574,945,000;approximately 100%;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:
Ratio to total assets:0.25%, ratio to shareholder's equity:0.62%
Operating Capital:NTD-28,636,429,000
8.Concrete purpose or use of the acquisition or disposal:
Long Term Investment
9.Name of the CPA firm:ATAX Accounting Firm
10.Name of the certifying CPA:Danny Cheng
11.The practice certificate number of the CPA:
Financial-Supervisory-Securities-Corporate-5720
