TONG HSING ELECTRONIC IND., LTD.

1.Name and nature of the underlying assets (if preferred shares, the terms
  and conditions of issuance shall also be indicated, e.g., dividend yield,
  etc.): Name: Terra Uno Landholding Corp.(Update company name.)
2.Date of occurrence of the event:2025/07/03~2025/07/03
3.Date of the board of directors resolution:2025/02/27
4.Other approval date:NA
5.Amount, unit price, and total monetary amount of the transaction:
  Total monetary amount: PHP950,000,000. (Approximately TWD532,000,000)
6.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):
  A subsidiary in which the Company holds a 24% indirect stake and
  the Philippine subsidiary holds a 40% direct stake.
7.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
8.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
9.Matters related to the current disposal of creditors' rights (including
  types of collaterals of the disposed creditor’s rights; if creditor's
  rights over a related party, announcement shall be made of the name of the
  related party and the book amount of the creditor's rights, currently being
  disposed of, over such related party):NA
10.Profit or loss from the disposal (not applicable in cases of acquisition
   of securities) (those with deferral should provide a table explaining
   recognition):NA
11.Terms of delivery or payment (including payment period and monetary
   amount), restrictive covenants in the contract, and other important terms
   and conditions:
   Installment payments according to the contract terms.
12.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:
   According to authorization of the Board of Director.
13.Net worth per share of the Company's underlying securities acquired or
   disposed of:NA
14.Cumulative no.of shares held (including the current transaction), their
   monetary amount, shareholding percentage, and status of any restriction of
   rights (e.g., pledges), as of the present moment:
   Cumulative no.of shares Held: The joint venture holding company invested
   by the Company holds 60,000 shares (24,000 shares held by the Company)and
   40,000 shares held by the Philippine subsidiary.
   Cumulative monetary amount: PHP950,000,000 (Approximately TWD532,000,000)
   Shareholding percentage:The Company holds a 24% stake, and the Philippine
   subsidiary holds a 40% stake.
   Status of any restriction of rights:None.
15.Current ratio of securities investment (including the current trade, as
   listed in article 3 of Regulations Governing the Acquisition and Disposal of
   Assets by Public Companies) to the total assets and equity attributable to
   owners of the parent as shown in the most recent financial statement and
   working capital as shown in the most recent financial statement as of the
   present:
   Current ratio to the total assets:1.55%
   Current ratio to the shareholder's equity:2.06%
   Operating capital: TWD 5,066,642thousands
16.Broker and broker's fee:None.
17.Concrete purpose or use of the acquisition or disposal:
   In response to the future expansion needs of the subsidiary’s operations
   and in compliance with local regulations, the Company plans to establish
   an investment holding and land development company locally.
18.Any dissenting opinions of directors to the present transaction:NA
19.Whether the counterparty of the current transaction is
   a related party:None.
20.Date of ratification by supervisors or approval by
   the Audit Committee:NA
21.Whether the CPA issued an unreasonable opinion regarding the current
   transaction:NA
22.Name of the CPA firm:NA
23.Name of the CPA:NA
24.Practice certificate number of the CPA:NA
25.Whether the transaction involved in change of business model:None.
26.Details on change of business model:NA
27.Details on transactions with the counterparty for the past year and the
   expected coming year:NA
28.Source of funds:NA
29.Date on which material information regarding the same event
   has been previously released:2025/02/27
30.Any other matters that need to be specified:
   Terra Uno Landholding Corp. has been successfully incorporated;
   therefore, this is an updated announcement.