King Jing Industrial Announces Disposal of Guangwu Plant Land and Buildings

1. Name and nature of the target asset (e.g., land located in Section XX, Lot XX, District XX, Taichung City): Land and buildings (located at No. 2, Lane 36, Guangwu Street, Shulin District, New Taipei City) 2. Date of event: 115/4/16~115/4/16 3. Date of board of directors' approval: April 16, 115 (Republic of China calendar) 4. Other approval dates: Not applicable 5. Transaction unit quantity (e.g., XX square meters, equivalent to XX ping), price per unit, and total transaction amount: Land: 1,808.33 square meters (equivalent to 547.0197 ping) Buildings: 1,954.00 square meters (equivalent to 591.0800 ping) Total transaction amount: Approximately NT$368 million 6. Transaction counterparty and relationship with the company (If the counterparty is a natural person and not a related party, their name may not be disclosed): Counterparty: R.I.T. Asset Co., Ltd. Relationship with the company: Not a related party 7. If the counterparty is a related party, disclosure of the reason for selecting the related party as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the date of previous transfer, and the transfer amount: Not applicable 8. If the owner of the transaction target was a related party of the company within the last five years, disclosure of the related party's acquisition and disposal dates, prices, and relationship with the company at the time of transaction: Not applicable 9. Estimated disposal profit (or loss) (Not applicable for asset acquirers) (If deferred, provide details on recognition): Estimated disposal profit of approximately NT$309 million (actual disposal profit will be accounted for after the transaction is completed and related expenses are deducted). 10. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreed matters: Handled according to contract terms. 11. Decision-making method for this transaction (e.g., tender, price comparison, or negotiation), basis for price determination, and decision-making unit: Transaction decision method: Negotiation Basis for price determination: Reference to professional appraisal reports and market information Decision-making unit: Board of Directors 12. Professional appraisal firm or company name and its appraisal amount: Hongda Real Estate Appraisers Joint Office Appraisal amount: NT$340 million 13. Name of professional appraiser: Lin Zhe-yi Huang Yi-hong 14. Certificate number of professional appraiser's practice: (113)Taipei Valuer Certificate No. 000329 (114)QuanGuZhu Certificate No. 010045 15. Whether the appraisal report is for a limited price, specific price, or special price: No or not applicable. 16. Whether the appraisal report has not yet been obtained: No or not applicable. 17. Reason for not obtaining the appraisal report: Not applicable. 18. If there is a significant difference in appraisal results, the reason for the difference and the accountant's opinion: Not applicable. 19. Name of accounting firm: Not applicable. 20. Name of accountant: Not applicable. 21. Certificate number of accountant's practice: Not applicable. 22. Broker and brokerage fee: Not applicable. 23. Specific purpose or use of acquisition or disposal: Disposal of idle assets to improve asset utilization efficiency. 24. Opinion of dissenting directors for this transaction: None. 25. Whether this transaction is a related party transaction: No. 26. Date of supervisor's approval or audit committee's consent: Approved by the Audit Committee on April 16, 115 (Republic of China calendar). 27. Whether the company acquired real estate or its right to use from a related party in this transaction: No. 28. Price assessed in accordance with Article 16 of the 'Regulations Governing Acquisitions or Disposals of Assets by Publicly Issuing Companies': Not applicable. 29. If the price assessed in accordance with the preceding paragraph is lower than the transaction price, the price assessed in accordance with Article 17 of the same Regulations: Not applicable. 30. Date of previous material information announcement for the same event: Not applicable. 31. Other matters to be disclosed: None. Keywords: Material Information