Subsidiary disposal and obtaining of equipment

No:1

Subject:Subsidiary, HongFuJin Precision Electronics (ZhengZhou) Co., LTD. announces disposal of Machinery and equipment

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):Machinery and equipment.

2.Date of occurrence of the event:2021/01/19

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:9,726 units of equipment;RMB 1,103,680,577

4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):Investment of subsidiaries based on machinery and equipment assets;parent and subsidiary companies

5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:

Choosing the related party as trading counterpart:Investment subsidiary

The identity of the previous owner:

HON HAI PRECISION INDUSTRY CO., LTD.、FuTaiHua Industrial (ShenZhen) Limited、Hongfujin Precision Industry (Shenzhen) Co., Ltd.、Hongfuzhun Precision Shenzhen Co., Ltd.、HONGFUSHENG PRECISION ELECTRONICS (ZHENGZHOU) CO., Ltd.、COMPETITION TEAM TECHNOLOGIES LIMITED、Foxconn Precision Electronics (TaiYuan) Co., Ltd.、Fushirui Zhengzhou Precision Industry Co., Ltd.、HongFuJin Precision Electronics (ChengDu) Co., Ltd、Shenzhen Fugui Precision Industrial Co., Ltd.、Jincheng Futaihua Precision Electronic Co., Ltd.、Shenzhenshi Yuzhan Precision Technology Co., Ltd.、HongFuJin Precision Electronics (ChongQing) Co., Ltd.、FuJin Precision Industrial (JinCheng) Co., Ltd.、Fuzhikang Precision Electronics (LangFang) Co., Ltd.、HongFuJin Precision Electronics (TianJin) Co., Ltd、HONGFUJIN PRECISION INDUSTRY (WUHAN) CO., LTD、FUGUIKANG PRECISION ELECTRONS (GUIZHOU) CO., LTD.、MAXNERVA TECHNOLOGY SERVICE INC.、Hongfujin Precision Industry (Shenzhen) Co., Ltd.、FuHuaJie Industrial (ShenZhen) Limited、HONGFUJIN PRECISION INDUSTRY(TAIYUAN)CO., LTD、FuShiRui Precision Industry (JinCheng) Co.,Ltd.、FIH(Hong Kong) Limited、Futaihua Precision Electronic (Jiyuan) Co., Ltd.、Zhengzhou WanmaYun Elec. Technology Co., Ltd.

Relationship with the company:Connection company;

Relationship with the trading counterpart:Connection company;

The date of acquisition:2011/08/05~2020/11/21

Price of transfer:RMB 162,093,584 

6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:Na

7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):None

8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

9.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:Board of Directors

10.Name of the professional appraisal firm or company and its appraisal price:Henan Province Guangming Assets Evaluation Co., Ltd.;RMB 1,103,680,577

11.Name of the professional appraiser:Qiuhua Zhu；Xishan Zhang

12.Practice certificate number of the professional appraiser:

Qiuhua Zhu:41140028

Xishan Zhang:4103000313.

13.Concrete purpose or use of the acquisition or disposal:Operating purpose

14.Whether the counterparty of the current transaction is a related party:Yes

15.Date of the board of directors resolution:2021/01/19

16.Date of ratification by supervisors or approval by the audit committee:2021/01/19

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

No:2

Subject:Subsidiary, HeNan FuChi Technology Co., Ltd. announces obtaining of Machinery and equipment

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):Machinery and equipment.

2.Date of occurrence of the event:2021/01/19

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:9,726 units of equipment;RMB 1,103,680,577

4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):Parent HongFuJin Precision Electronics (ZhengZhou) Co., LTD.

Investment based on machinery and equipment assets;

parent and subsidiary companies

5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:Na

6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:Na

7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):Na

8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

9.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:Board of Directors

10.Name of the professional appraisal firm or company and its appraisal price:Henan Province Guangming Assets Evaluation Co., Ltd.;RMB 1,103,680,577

11.Name of the professional appraiser:Qiuhua Zhu；Xishan Zhang

12.Practice certificate number of the professional appraiser:

Qiuhua Zhu:41140028

Xishan Zhang:41030003

13.Concrete purpose or use of the acquisition or disposal:Operating purpose

14.Whether the counterparty of the current transaction is a related party:Yes

15.Date of the board of directors resolution:2021/01/19

16.Date of ratification by supervisors or approval by the audit committee:2021/01/19

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