Qisda : subsidiary, To announce the approval of BenQ Corporation's Board of Directors selling the shareholdings of BenQ (Hong Kong) Limited.

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Provided by: Qisda Corporation
SEQ_NO	2	Date of announcement	2022/04/01	Time of announcement	19:02:15
Subject	Qisda's subsidiary, To announce the approval of BenQ Corporation's Board of Directors selling the shareholdings of BenQ (Hong Kong) Limited.
Date of events	2022/04/01	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.):BenQ (Hong Kong) Limited. ("BQHK") 2.Date of occurrence of the event:2022/04/01 3.Amount, unit price, and total monetary amount of the transaction: The Amount：100% shareholding of BQHK. The Total Monetary Amount：Tentative amount is RMB $2,753,178,000 dollars. (equivalent to USD) 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):Urban Renewal (BVI) Promising Limited. ("Urban Renewal") Non-related party. 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:Not applicable. 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: Not applicable. 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):Not applicable. 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition): The estimated profit is RMB $1,200 million. (The assets, liabilities, tax and personnel expenses of the transaction are not yet final and exchange rate effect. The Company will make another announcement upon deal close.) 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:Follow by contractual arrangements. 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: BenQ Corporation's with fairness opinion provided by CPA and mutual agreement, the approval of BenQ Corporation's Board of Directors by mutual agreement. 11.Net worth per share of the Company's underlying securities acquired or disposed of:Not applicable. 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: Shares held: 0 Amount: 0 Percentage: 0% 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: % of total assets as at 31 December 2021: 11.17% % of shareholders' equity as at 31 December 2021: 26.19% Operating fund as at 31 December 2021: NT-$6,919,740 14.Broker and broker's fee: CBRE Shanghai Management Limited. The Tentative fee is RMB $14,697,662 dollars. 15.Concrete purpose or use of the acquisition or disposal: For the Group's long-term development and focuses on in business operations. 16.Any dissenting opinions of directors to the present transaction:No. 17.Whether the counterparty of the current transaction is a related party:No. 18.Date of the board of directors resolution:NA 19.Date of ratification by supervisors or approval by the Audit Committee:NA 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:No. 21.Name of the CPA firm:WeTec International CPAs. 22.Name of the CPA:Ming-Yang Lai. 23.Practice certificate number of the CPA: CPA Certificate No: 3100. Taipei CPA Association Member No: 2123 24.Whether the transaction involved in change of business model:No. 25.Details on change of business model:Not applicable. 26.Details on transactions with the counterparty for the past year and the expected coming year:Not applicable. 27.Source of funds:Not applicable. 28.Any other matters that need to be specified:None.