No.1

Subject:Subsidiary ZHENGZHOU YUTENG PRECISION TECHNOLOGY CO., LTD. announces disposal of Machinery and equipment

Date of events:2020/12/25

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):Machinery and equipment.

2.Date of occurrence of the event:2019/12/26~2020/12/25

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:

1,586 units of equipment;RMB 239,828,259.31

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):LANKAO YUFU PRECISION TECHNOLOGY CO.,LTD.; Connection company

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:

Choosing the related party as trading counterpart:Same business,The resource integrates,Improve orders Ability;

The identity of the previous owner:Wyldar Machine Tool LTD. ;Aps Supply

Chain Management Co.,LTD.

Relationship with the company:None;

Relationship with the trading counterpart:None;

The date of acquisition:2018/10~2019/08

Price of transfer:RMB 480,889.64

The identity of the previous owner:FuTaiHua Precision Electronics

(ZhengZhou) Co., LTD.;

Relationship with the company:Connection company;

Relationship with the trading counterpart:Connection company;

The date of acquisition:2018/01

Price of transfer:RMB 406,738,793.17

The identity of the previous owner:Fushirui ZhengZhou Precision

Industry Co., Ltd.;

Relationship with the company:Connection company;

Relationship with the trading counterpart:Connection company;

The date of acquisition:2018/01

Price of transfer:RMB 2,499,230.43

The identity of the previous owner:Hongfuzhun Precision Shenzhen

Co., Ltd.;

Relationship with the company:Connection company;

Relationship with the trading counterpart:Connection company;

The date of acquisition:2018/01~2020/07

Price of transfer:RMB 4,620,192

The identity of the previous owner:Lankao Yufu Precision

Technology Co.,Ltd.;

Relationship with the company:Connection company;

Relationship with the trading counterpart:The company itself;

The date of acquisition:2018/07~2019/05

Price of transfer:RMB 2,719,513.86

6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:

Dates of acquisition:2018/01~2020/07

Prices of acquisition:RMB 416,577,729.46 ;

The person's relationship to the company:Connection company

7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):

RMB 65,881,250.83

8.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:

Negotiation;

Book value & evaluated price;

According to authorization of the Company & Board of Directors

9.Concrete purpose or use of the acquisition or disposal:

Operating purpose

10.Whether the counterparty of the current transaction is a related party:Yes

11.Date of the board of directors resolution:2020/12/25

12.Date of ratification by supervisors or approval by the audit committee:2020/12/25

No.2

Subject:Subsidiary LANKAO YUFU PRECISION TECHNOLOGY CO.,LTD announces obtaining of Machinery and equipment

Date of events:2020/12/25

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):Machinery and equipment.

2.Date of occurrence of the event:2019/12/26~2020/12/25

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:

1,586 units of equipment;RMB 239,828,259.31

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):

ZHENGZHOU YUTENG PRECISION TECHNOLOGY CO., LTD.; Connection company

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.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:Na

7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):Na

8.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:

Negotiation;

Book value & evaluated price;

According to authorization of the Company & Board of Directors

9.Concrete purpose or use of the acquisition or disposal:

Operating purpose

10.Whether the counterparty of the current transaction is a related party:Yes

11.Date of the board of directors resolution:2020/12/25

12.Date of ratification by supervisors or approval by the audit committee:2020/12/25