Ronghui-KY Announces Board Approval for Capital Increase to Mainland Subsidiary Shenzhen Ronghui Electronics Co., Ltd.

1. Date of fact occurrence: From May 12, 115 to May 12, 115 2. Method of additional (reduction of) investment: Wholly-owned subsidiary 3. Date of board resolution: May 12, 115 4. Other approval dates: Not applicable 5. Transaction unit quantity, price per unit, and total transaction amount: Not exceeding HKD 35,000,000 6. Name of invested company in mainland China: Shenzhen Ronghui Electronics Co., Ltd. 7. Paid-in capital of the above mainland invested company: HKD 15,000,000 8. Proposed capital increase for the above mainland invested company: Not exceeding HKD 35,000,000 9. Main business items of the above mainland invested company: Wholesale and retail of printed circuit boards, electronic materials, electronic components, etc. 10. Auditor's opinion on the latest annual financial statements of the above mainland invested company: Unqualified opinion 11. Total equity in the latest annual financial statements of the above mainland invested company: RMB 5,868,000 12. Profit or loss for the latest fiscal year of the above mainland invested company: -RMB 1,115,000 13. Actual investment amount to the above mainland invested company to date: HKD 15,000,000 14. Counterparty and relationship with the company: Wholly-owned subsidiary established by the company. 15. If the counterparty is a related party, the reason for selecting it as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the date and amount of the previous transfer: Not applicable 16. If the owner of the subject of transaction has been a related party of the company within the last five years, the date, price, and relationship at the time of acquisition and disposal: Not applicable 17. Profit (or loss) from disposal: Not applicable 18. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements: Not exceeding HKD 35,000,000, to be invested once or in installments based on actual operational needs. 19. Decision method for this transaction, reference basis for price determination, and decision-making unit: Board of Directors. 20. Broker: Not applicable 21. Specific purpose of acquisition or disposal: Long-term investment and funding for future real estate acquisition. 22. Opinions of dissenting directors on this transaction: None. 23. Is this transaction a related party transaction: Yes 24. Date of supervisor's approval or audit committee's consent: May 12, 115 25. Total investment amount approved by the Investment Commission to the mainland region to date (including this investment): HKD 15,000,000 26. Ratio of total investment amount approved by the Investment Commission to the mainland region to date (including this investment) to the paid-in capital in the latest financial statements: 29.68% 27. Ratio of total investment amount approved by the Investment Commission to the mainland region to date (including this investment) to the total assets in the latest financial statements: 4.96% 28. Ratio of total investment amount approved by the Investment Commission to the mainland region to date (including this investment) to the owner's equity attributable to owners of the parent in the latest financial statements: 11.79% 29. Actual total investment amount to the mainland region to date: HKD 15,000,000 30. Ratio of actual total investment amount to the mainland region to date to the paid-in capital in the latest financial statements: 29.68% 31. Ratio of actual total investment amount to the mainland region to date to the total assets in the latest financial statements: 4.96% 32. Ratio of actual total investment amount to the mainland region to date to the owner's equity attributable to owners of the parent in the latest financial statements: 11.79% 33. Amount of investment in mainland China recognized in the last three fiscal years: 112: -5,828,000 NTD; 113: -6,445,000 NTD; 114: -4,833,000 NTD 34. Amount of profits remitted in the last three fiscal years: None. 35. Auditor's opinion on the unreasonableness of this transaction: Not applicable 36. Accounting firm name: Not applicable 37. Accountant's name: Not applicable 38. Accountant's practice certificate number: Not applicable 39. Date of previous announcement of material information on the same event: Not applicable 40. Other matters to be noted: None. Keywords: Material Information