TONG HSING ELECTRONIC IND., LTD.

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,Lot XX, North District, Taichung City):
   Land located at Lot 11 & 12 Industrial Drive, Carmelray Industrial Park 1, Barangay Canlubang, Calamba, Laguna, Philippines
2.Date of occurrence of the event:2025/01/17~2025/01/17
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
   Transaction unit amount: 48,600 square meters
   Unit price: PHP 22,960 per square meter
   Total transaction price: PHP 1,115,856,000 (approximately TWD 624,879,360)
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):
   Trading counterparty: ALJO GATEWAY, INC.
   Relationship with the Company: Non-related party
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.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract,
   and other important terms and conditions:
   Full payment of 100% to be completed within 180 days from the contract signing date, the other matters/terms shall be made in accordance with
   the signed contract.
9.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:
   Decision-making Method for the Transaction: Negotiation
   Reference Basis for Price Determination: Market prices and the appraisal report by a licensed real estate appraiser
   Decision-making Body: Approved by the subsidiary's Board of Directors, the Company's Audit Committee, and the Board of Directors.
10.Name of the professional appraisal firm or company and its appraisal price:
     Professional Appraisal Firm: SENON INSURANCE ADJUSTERS & APPRAISERS
     Appraised Amount: PHP 1,215,000,000 (approximately TWD 680,400,000)
11.Name of the professional appraiser: JOSE G. DALANON, JR.
12.Practice certificate number of the professional appraiser: PRC License No. 0000115
13.The appraisal report has a limited price, specific price, or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Broker and broker's fee:None.
21.Concrete purpose or use of the acquisition or disposal:
     To meet the increasing demand for overseas operations and expand the capacity of the subsidiary, TONG HSING ELECTRONICS PHILS. INC., and to enhance
     competitiveness in the international market.
22.Any dissenting opinions of directors to the present transaction: None.
23.Whether the counterparty of the current transaction is a related party:None.
24.Date of the board of directors resolution:NA
25.Date of ratification by supervisors or approval by the audit committee:NA
26.The transaction is to acquire a real property or right-of-use asset from a related party:None.
27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets
     by Public Companies:NA
28.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same
     regulations:NA
29.Any other matters that need to be specified:None.