FuSheng Precision Co., Ltd. announced a private placement of zero coupon unsecured convertible corporate bonds for maximum gross proceeds of TWD 1,500,000,000 on December 22, 2021. The corporate bonds will have the maturity of three years. The corporate bonds will have a face value of TWD 100,000 and will be issued at 101% to 103% of par value. The corporate bonds are convertible into common shares of the company. The transaction has been approved by the board of directors of the company.