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Material Information for Investors
Subsidiary, ALLTOP Electronic (Suzhou)Co. Ltd. announces purchase staff dormitory
2019/5/8
  Subject   
Subsidiary, ALLTOP Electronic (Suzhou)Co. Ltd. announces purchase staff dormitory
  paragraph xx   
article 4 paragraph 20 Date of events:2019/05/08 
 
Contents 
1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX, North District, Taichung City): 23 suites located at Apt. Norting, No. 158, Yinxinan Rd., and 1 suite located at Apt. Kuyuan, No. 199, Reyun Rd., Shaxi Town,Taicang City
 
2.Date of the occurrence of the event:2019/05/08
 
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price:24 suites, 3109.24 square meters, RMB 1,338,692 per suite, totally RMB 32,128,606.
 
4.Counterparty to the trade and its relationship with the company (if the trading counterpart is a natural person and is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):natual person.
 
5.Where the counterpart to the trade is an actual related party, a public announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition:N/A
 
6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person’s relationship to the company at those times:N/A
 
7.Anticipated loss or profit from the disposal (not applicable in cases of acquisition of assets) (where originally deferred, the status or recognition shall be stated and plained):N/A
 
8.Terms of delivery or payment (including payment period and monetary amount):Pay after contract signed.
 
9.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for the decision on price and the decision-making department:price negotiation and Appraisal report
 
10.Name of the professional appraisal institution and its appraisal amount:Suzhou Boxin Ruihua Evaluation Consulting Co., Ltd./ it's appraisal amount RMB39,634,000.
 
11.Reason for any significant discrepancy with the transaction amount, and opinion of the certifying CPA:N/A
 
12.Is the appraisal report price a limited price or specific price?:N/A
 
13.Has an appraisal report not yet been obtained?:N/A
 
14.Reason an appraisal report has not yet been obtained:N/A
 
15.Broker and broker's fee: None
 
16.Concrete purpose or use of the acquisition or disposition:staff dormitory
 
17.Do the directors have any objection to the present transaction?:None.
 
18.Any other matters that need to be specified:None.