【KCJ-KY】Announcement Regarding Suzhou Jiacai Electronics Co., Ltd. Board Resolution for Capital Increase via Retained Earnings

1. Board resolution date: 115/05/11 2. Source of capital increase funds: 2022 and 2023 retained earnings capital increase 3. Whether to adopt a global registration for issuing new shares (Yes, please also state the planned issuance period / No): No 4. Total amount and number of shares for the entire project (for retained earnings or reserve capital increase, the number of shares issued does not include those allocated to employees): RMB55 million 5. For global registration for issuing new shares, the amount and number of shares for this issuance: Not applicable 6. For global registration for issuing new shares, the remaining amount and number of shares after this issuance: Not applicable 7. Par value per share: Not applicable 8. Issuance price: Not applicable 9. Number of shares subscribed by employees or allocated amount: Not applicable 10. Number of shares for public sale: Not applicable 11. Proportion of original shareholder subscription or free distribution: 100% distribution of subsidiary's retained earnings to parent company 12. Method of handling fractional shares and un-subscribed shares: Not applicable 13. Rights and obligations of new shares issued in this increase: Not applicable 14. Purpose of capital increase funds: Expand business scope and increase R&D investment 15. Other matters to be noted: None Keywords: Material Information