King Yuan Electronics dispose of its entire 92.1619% share in King Long Technology

King Yuan Electronics Co., Ltd. (2449TW) on the 26th day of April announce for subsidiary, KYEC Microelectronics Co. Ltd. to dispose of its entire 92.1619% share in King Long Technology (Suzhou) Ltd.(“KLT”) to King Legacy Investments Limited, Dense Forest Limited, LePower (HK) Limited, Anchor Light Holdings Ltd,.Cypress Solaia Venture Capital SPV, VK Global Investments Limited, Suzhou Industrial Park Industrial Investment Fund (L.P.), TongFu Microelectronics Co., Ltd., Suzhou Xinrui Equity Investment Partnership (L.P.), Shanghai State-owned Enterprises Integrated Improvement and Experiment Private Equity Fund Partnership (L.P.).and the estimated total sale price is RMB 4.885 billion, approximately NT$21.715 billion (exchange rate 1: 4.4456). King Yuan Electronics Co., Ltd. (”KYEC”) invests in KYEC Microelectronics Co. Ltd. through 100% holdings of KYEC Investment International Co. Ltd. and KYEC Technology Management Co. Ltd., and indirectly holds KLT 92.1619% equity. After this sale, KYEC indirect holding of KLT's equity is reduced to 0%. The estimated disposal gain after long-term investment costs and related taxes and other effects is approximately NT$3.827 billion, the earnings per share will be increased by approximately NT$3.13, and the book value per share will be increased by approximately NT3.23. In order to give back to the shareholders who have supported the Company for a long time, NT$3.668 billion will be allocated to distribute cash dividends in 2025 and 2026 (NT$1.5 per year). This transaction still needs to be approved by the relevant competent authorities. After being registered or filed in accordance with the law, it is expected to be completed before end of Q3 this year.