FuSheng Precision : Announcement of the Board of Directors resolved to increase capital to subsidiary Minson Integration Inc.

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Provided by: FuSheng Precision Co., Ltd.
SEQ_NO	2	Date of announcement	2022/06/21	Time of announcement	16:13:03
Subject	Announcement of the Board of Directors resolved to increase capital to subsidiary Minson Integration Inc.
Date of events	2022/06/21	To which item it meets	paragraph 20
Statement	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.):New common shares of Minson Integration Inc. 2.Date of occurrence of the event:2022/06/21 3.Amount, unit price, and total monetary amount of the transaction: Shares:5,304,000 shares Unit price:NT$75 Total monetary amount:NT$397,800,000 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):85% owned subsidiary Minson Integration Inc. 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:N/A 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:N/A 7.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):N/A 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):N/A 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Terms of delivery or payment:Cash Restrictive covenants in the contract:None. Other important terms and conditions:None. 10.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: The manner of deciding on this transaction:Cash capital increase The reference basis for the decision on price:Cash capital increase Decision-making unit:Board of Directors 11.Net worth per share of the Company's underlying securities acquired or disposed of:NT$39.49 12.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: No.of shares held:24,429,000 shares Monetary amount:NT$1,728,900,000 Shareholding percentage:82.81% Status of any restriction of right: None 13.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 of securities investment to the total assets:61.3% Current ratio of securities investment to the equity attributable to owners of the parent:86.36% Working capital:NT$37,119 thousand 14.Broker and broker's fee:N/A 15.Concrete purpose or use of the acquisition or disposal: To enhance the financial structure and increase working capital 16.Any dissenting opinions of directors to the present transaction:None 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:2022/06/21 19.Date of ratification by supervisors or approval by the Audit Committee:2022/06/21 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:Yes 21.Name of the CPA firm:BDO Taiwan 22.Name of the CPA:Wang Mu fan 23.Practice certificate number of the CPA:(101) Tai Tsai Shuei Deng Zih 4146 24.Whether the transaction involved in change of business model:None 25.Details on change of business model:N/A 26.Details on transactions with the counterparty for the past year and the expected coming year:N/A 27.Source of funds:Own funds 28.Any other matters that need to be specified:None.