[Primax] Announcement regarding subsidiary Dongguan Dongju Electronic & Telecommunication Products Co., Ltd. Resolution on Capital Reduction

1. Board Resolution Date: NA 2. Reason for Capital Reduction: Optimize overseas investment structure. 3. Amount of Capital Reduction: USD 30,000,000 4. Shares to be Canceled: Not applicable 5. Capital Reduction Ratio: 48.387% 6. Share Capital After Reduction: USD 32,000,000 7. Scheduled Shareholders' Meeting Date: 115/04/09 8. Number of common shares expected to be listed after capital reduction: Not applicable 9. Proportion of common shares expected to be listed after capital reduction to issued common shares (listed common shares after reduction / issued common shares after reduction): Not applicable 10. If the number of listed common shares after the estimated capital reduction is less than 60 million shares and less than 25%, please explain the measures to address low stock liquidity: Not applicable 11. Capital Reduction Base Date: Effective date upon completion of reporting to the competent authority. 12. Other matters that need to be described: Not applicable. Keywords: Major Information