Crystal source electronic intends to acquire 100% stake in Tongfang Microelectronics

Jingyuan electronics and shares the same side, clear crystal micro technology and other eight natural persons signed the "non-public offering of stock asset purchase agreement" and "non-public offering of stock purchase agreement" of assets, Crystal Electronics intends through private issuance Tongfang microelectronics shares by way of acquisition of 100% stake in the above counterparty total holdings. After the completion of this transaction, Tongfang microelectronics became a wholly owned subsidiary of crystal source electronics.

The issuance of stocks of RMB ordinary shares (A shares), par value of RMB 1 yuan (hereinafter referred to as yuan). After consultation by the parties to the transaction, to determine the transaction price of the subject matter of 1 billion 500 million yuan. According to the resolution of the company in 2011 first extraordinary general meeting, the proposed to the other side of the transaction price of the shares issued for the fourth session of the second meeting of the board of directors announcement 20 trading days before the Japanese stock trading price of 14.07 yuan / share.

In addition, Crystal Electronics 2011 Annual General Meeting held on April 6, 2012, the meeting examined and adopted the 2011 Annual equity distribution program.

Jingyuan electronics to the company's current total share capital of 135 million shares as the base, to all shareholders for every 10 shares 1 yuan in cash (including tax; tax deductible, individual, securities investment fund, QFII, RQFII for every 10 shares of 0.90 yuan; for QFII, RQFII and other non resident enterprises, the company did not withhold income tax, paid by the taxpayer in income).