TONG HSING ELECTRONIC IND., LTD.

1.Date of occurrence of the event:2026/11/09
2.Company name:Tong Hsing Electronic Industries, Ltd.
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
    The Company convened a board meeting and approved the proposed acquisitionof Global

    Testing Corporation Limited, a company listed on the Singapore Exchange Securities Trading

    Limited, by way of a Scheme of Arrangement, under which the Company will acquire 100%

    of the shares of GTC.
6.Countermeasures:
    The Company held a material information press conference at the Taiwan Stock Exchange at

    07:30 pm on November 9, 2026, to explain the matter.
7.Any other matters that need to be specified (the information disclosure also meets the

    requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement

    Rules, which brings forth a significant impact on shareholders rights or the price of the

    securities on public companies.):
    (1)Tong Hsing Electronic Industries, Ltd. (hereinafter referred to as“Tong Hsing”; Ticker: 6271TT)

          convened a board meeting and approved the proposed acquisition (hereinafter referred to as

          the “Acquisition”) of Global Testing Corporation Limited (hereinafter referred to as“GTC”;

          Ticker: SGX-AYN), a company listed on the Singapore Exchange Securities Trading Limited

          (hereinafter referred to as “SGX-ST”), by way of a Scheme of Arrangement (hereinafter referred

          to as the“Scheme”), under which Tong Hsing will acquire 100% of the shares of GTC.
          The consideration of the Scheme is SGD 2.30 in cash per share, representing a premium of

          approximately 129.31% above the volume-weighted average price per GTC share for the 1-month
          period prior to and including 6 November 2026, being the last full day of trading of the GTC shares

          prior to the suspension of the GTC shares. Tong Hsing expects to acquire 33,351,527 ordinary shares

          of GTC. The completion of the Acquisition is conditional upon the satisfaction of the approvals of

          GTC’s shareholders, the Department of Investment Review of Taiwan Ministry of Economic Affairs,

          and the SGX-ST, as well as the sanction by the Singapore court.
          Tong Hsing believes that the Acquisition and subsequent privatisation of GTC would provide Tong

          Hsing with greater flexibility to manage, develop and integrate the existing businesses of GTC as

          part of Tong Hsing’s group. With the continuous development of application markets such as

          Optical Communication, Power Semiconductor, Mixed Signal, and Radio Frequency (RF), product

          complexity and technical barriers in the semiconductor industry are increasing, driving growing

          customer demand or integrated packaging and testing turnkey solutions. Against this backdrop,

          the Acquisition is intended to drive value creation by enabling Tong Hsing to transform itself from

          a“packaging manufacturer” into an “integrated packaging and testing service provider”.
          In particular, Tong Hsing believes that the Acquisition would enable Tong Hsing to leverage and

          integrate GTC’s established semiconductor testing technologies, testing platforms, engineering
          capabilities, production capacity, customer relationships and technical personnel with Tong Hsing’s

          existing packaging capabilities and resources. Such integration is expected to facilitate greater

          operational and technical collaboration, broaden the range of integrated packaging and testing

          solutions that can be offered to customers and enhance the overall value proposition of the

          combined group across the semiconductor packaging and testing industry.
   (2)Responsibility Statement
         The directors of Tong Hsing (including any who may have delegated detailed supervision of the

         preparation of this press release) have taken all reasonable care to ensure that the facts stated
         and all opinions expressed in this press release (excluding  information relating to GTC or any

         opinion expressed by GTC) are fair and accurate and that, where appropriate, no material facts

         in relation thereto have been omitted from this press release, the omission of which would make

         any statement in this press release misleading, and the directors of Tong Hsing jointly and severally

         accept responsibility accordingly.
         Where any information in this press release has been extracted or reproduced from published or

         otherwise publicly available sources or obtained from GTC, the sole responsibility of the directors

         of Tong Hsing has been to ensure that, through reasonable enquiries, such information is accurately

         extracted from such sources or, as the case may be, reflected or reproduced in this press release.

         The directors of Tong Hsing do not accept any responsibility for any information relating to or any

         opinion expressed by GTC.