Subsidiary, Hongfujin (Tianjin) obtaining Shares

No:1

Subject: Subsidiary, Hongfujin Precision Electronics (Tianjin) Co., Ltd. obtaining Fuhong Cloud Computing (TianJin) Co., Ltd. Shares

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.): Fuhong Cloud Computing (TianJin) Co., Ltd. Shares

2.Date of occurrence of the event:2021/02/04

3.Amount, unit price, and total monetary amount of the transaction:Total monetary amount of transaction:RMB 800,000,000

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):Newly incorporated company is not applied; None

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

7.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: The decision-making department:Board of directors

8.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:

Cumulative monetary amount held:RMB 800,000,000

Shareholding percentage:100%

Restriction of rights:None

9.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:0.16%;

Ratio to owners'equity:0.41%;

Operating Capital:NTD-104,738,702,000

10.Concrete purpose or use of the acquisition or disposal:Long Term Investment

11.Whether the counterparty of the current transaction is a related party:NO

12.Date of the board of directors resolution:NA

13.Date of ratification by supervisors or approval by the Audit Committee:NA

14.Details on transactions with the counterparty for the past year and the expected coming year:None

15.Source of funds:private capital

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