SITRONIX TECHNOLOGY CORP. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2017 AND DECEMBER 31, 2016

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1 English Translation of Financial Statements Originally Issued in Chinese SITRONIX TECHNOLOGY CORP. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2017 AND DECEMBER 31, 2016 The financial statements have been originally issued in Chinese. If there is any inconsistency or ambiguity between the English version and the Chinese version, the Chinese version shall prevail.

2 2018/3/27 Financial Statement Balance Sheet Financial Statement Balance Sheet Balance Sheet Accounting Title 2017/12/ /12/31 Assets Current assets Cash and cash equivalents Total cash and cash equivalents 1,421,885 2,104,983 Current financial assets at fair value through profit or loss Total current financial assets at fair value through profit or loss 279, ,521 Current available-for-sale financial assets Current available-for-sale financial assets, net 282, ,646 Current held-to-maturity financial assets Current held-to-maturity financial assets, net 0 100,000 Current bond investment without active market Total Current investments in debt instrument without active market 183, ,357 Accounts receivable, net Accounts receivable, net 1,009, ,263 Other receivables Other receivables, net 65,277 10,170 Inventories Total inventories 1,735,070 1,619,849 Prepayments Total prepayments 74,361 81,440 Other current assets Total other current assets 5,845 4,931 Total current assets 5,057,965 5,704,160 Non-current assets Non-current financial assets at fair value through profit or loss Total non-current financial assets at fair value through profit or loss 31,493 49,810 Non-current available-for-sale financial assets Non-current available-for-sale financial assets, net 703, ,934 Held-to-maturity non-current financial assets Non-current held-to-maturity financial assets, net 30,499 33,145 Non-current financial assets at cost Non-current financial assets at cost, net 25,833 29,958 Property, plant and equipment Total property, plant and equipment 782, ,693 Investment property, net Investment property, net 335, ,964 Intangible assets Total intangible assets 55,789 44,780 Other non-current assets Other non-current assets, others Total other non-current assets, others 8,783 6,024 Total other non-current assets 8,783 6,024 Total non-current assets 1,973,030 1,658,308 Total assets 7,030,995 7,362,468 Liabilities and equity Liabilities Current liabilities Short-term borrowings Total short-term borrowings 20,220 19,580 Current financial liabilities at fair value through profit or loss Total current financial liabilities at fair value through profit or loss Accounts payable Total accounts payable 1,141,166 1,366,222 Accounts payable to related parties Total accounts payable to related parties 3, Other payables Employee bonus payable 101, ,107 Compensation due to directors and supervisors 24,627 30,437 Other payables, others 472, ,028 Total other payables 598, ,572 Current tax liabilities 117, ,292 Current provisions Total current provisions 5,089 5,089 Other current liabilities Total other current liabilities 17,495 28,839 Total current liabilities 1,903,937 2,219,675 Non-current liabilities Deferred tax liabilities Total deferred tax liabilities Other non-current liabilities Net defined benefit liability, non-current 57,555 58,251 Guarantee deposits received 70,683 67,557 Total other non-current liabilities 128, ,808 Total non-current liabilities 128, ,265 Total liabilities 2,032,751 2,345,940 Equity Equity attributable to owners of parent Share capital Ordinary share 1,205,176 1,206, /2

3 2018/3/27 Financial Statement Balance Sheet Total capital stock 1,205,176 1,206,376 Capital surplus Total capital surplus 785, ,101 Retained earnings Legal reserve 788, ,993 Special reserve 8,728 21,364 Unappropriated retained earnings (accumulated deficit) Total unappropriated retained earnings (accumulated deficit) 1,969,197 2,093,666 Total retained earnings 2,766,102 2,799,023 Other equity interest Exchange differences on translation of foreign financial statements Total exchange differences on translation of foreign financial statements Unrealized gains (losses) on available-for-sale financial assets Total unrealized gains (losses) on available-for-sale financial assets -25,701-7,826 Other equity, others Total other equity, others -50, ,394 Total other equity interest -77, ,122 Total equity attributable to owners of parent 4,679,659 4,687,378 Non-controlling interests 318, ,150 Total equity 4,998,244 5,016,528 Total liabilities and equity 7,030,995 7,362,468 Equivalent issue shares of advance receipts for ordinary share 0 0 Number of shares in entity held by entity and by its subsidiaries /2

4 2018/3/27 Financial Statement Income Statement Financial Statement Income Statement Statement of comprehensive income Accounting Title 2017/4th 2016/4th Operating revenue Total operating revenue 9,431,062 10,189,747 Operating costs Total operating costs 6,916,729 7,307,865 Gross profit (loss) from operations 2,514,333 2,881,882 Gross profit (loss) from operations 2,514,333 2,881,882 Operating expenses Selling expenses Total selling expenses 151, ,501 Administrative expenses Total administrative expenses 331, ,869 Research and development expenses Total research and development expenses 1,177,828 1,138,788 Total operating expenses 1,660,796 1,636,158 Net operating income (loss) 853,537 1,245,724 Non-operating income and expenses Other income Total other income 66,433 55,404 Other gains and losses Other gains and losses, net 72,156-41,160 Finance costs Finance costs, net 3,858 1,483 Total non-operating income and expenses 134,731 12,761 Profit (loss) from continuing operations before tax 988,268 1,258,485 Tax expense (income) Total tax expense (income) 97, ,458 Profit (loss) from continuing operations 891,234 1,099,027 Profit (loss) 891,234 1,099,027 Other comprehensive income Components of other comprehensive income that will not be reclassified to profit or loss Gains (losses) on remeasurements of defined benefit plans ,154 Components of other comprehensive income that will not be reclassified to profit or loss ,154 Components of other comprehensive income that will be reclassified to profit or loss Exchange differences on translation -41-1,666 Unrealised gains (losses) on valuation of available-for-sale financial assets -17,875 13,538 Components of other comprehensive income that will be reclassified to profit or loss -17,916 11,872 Other comprehensive income, net -18,662 8,718 Total comprehensive income 872,572 1,107,745 Profit (loss), attributable to: Profit (loss), attributable to owners of parent 873,158 1,041,837 Profit (loss), attributable to non-controlling interests 18,076 57,190 Comprehensive income attributable to: Comprehensive income, attributable to owners of parent 854,496 1,050,555 Comprehensive income, attributable to non-controlling interests 18,076 57,190 Basic earnings per share Basic earnings (loss) per share from continuing operations Total basic earnings per share Diluted earnings per share Diluted earnings (loss) per share from continuing operations Total diluted earnings per share /1

5 2018/3/27 Financial Statement Statements of Cash Flows Financial Statement Statements of Cash Flows Statement of cash flows Accounting Title 2017/4th 2016/4th Cash flows from (used in) operating activities, indirect method Profit (loss) from continuing operations before tax 988,268 1,258,485 Profit (loss) before tax 988,268 1,258,485 Adjustments Adjustments to reconcile profit (loss) Depreciation expense 167, ,579 Amortization expense 24,392 16,820 Provision (reversal of provision) for bad debt expense -11, Net loss (gain) on financial assets or liabilities at fair value through profit or loss 3,611 5,920 Interest expense 3,858 1,483 Interest income -40,250-36,009 Dividend income -10,337-7,140 Share-based payments 57,314 38,577 Loss (gain) on disposal of property, plan and equipment Loss (gain) on disposal of investments -95,874 7,714 Impairment loss on financial assets 4,125 26,016 Impairment loss on non-financial assets 25,191 69,625 Unrealized foreign exchange loss (gain) 52,101 25,038 Total adjustments to reconcile profit (loss) 179, ,799 Changes in operating assets and liabilities Changes in operating assets Decrease (increase) in financial assets held for trading -36, ,588 Decrease (increase) in accounts receivable -107, ,082 Decrease (increase) in other receivable 7,731 5,271 Decrease (increase) in inventories -140, ,657 Decrease (increase) in prepayments 7, ,735 Decrease (increase) in other current assets ,979 Total changes in operating assets -270, ,342 Changes in operating liabilities Increase (decrease) in accounts payable -188, ,796 Increase (decrease) in accounts payable to related parties 3, Increase (decrease) in other payable 14,320-24,887 Increase (decrease) in other current liabilities -11,343-7,330 Increase (decrease) in net defined benefit liability -1,442-1,410 Increase (decrease) in other operating liabilities -26,374 82,661 Total changes in operating liabilities -209, ,911 Total changes in operating assets and liabilities -480, ,431 Total adjustments -300,651-22,632 Cash inflow (outflow) generated from operations 687,617 1,235,853 Interest received 40,641 40,759 Interest paid -3,859-1,932 Income taxes refund (paid) -139, ,126 Net cash flows from (used in) operating activities 585,051 1,119,554 Cash flows from (used in) investing activities Acquisition of available-for-sale financial assets -898, ,200 Proceeds from disposal of available-for-sale financial assets 756,975 47,632 Proceeds from disposal of investments in debt instrument without active market 19, ,518 Acquisition of held-to-maturity financial assets 0-33,145 Proceeds from disposal of held-to-maturity financial assets 100,000 0 Proceeds from capital reduction of financial assets at cost 0 2,384 Acquisition of property, plant and equipment -195, ,658 Proceeds from disposal of property, plant and equipment 1, Increase in refundable deposits -2,759-1,689 Acquisition of intangible assets -35,408-7,142 Decrease in prepayments for business facilities Dividends received 10,337 7,140 Net cash flows from (used in) investing activities -243,300 82,486 Cash flows from (used in) financing activities Increase in short-term loans 230, ,627 Decrease in short-term loans -229, ,999 Increase in guarantee deposits received 3,126 9,849 Cash dividends paid -723, ,688 Change in non-controlling interests -253,270 74,510 Net cash flows from (used in) financing activities -973, ,701 Effect of exchange rate changes on cash and cash equivalents -51,509-16,595 Net increase (decrease) in cash and cash equivalents -683, ,744 Cash and cash equivalents at beginning of period 2,104,983 1,758,239 Cash and cash equivalents at end of period 1,421,885 2,104,983 Cash and cash equivalents reported in the statement of financial position 1,421,885 2,104, /1

6 2018/3/27 Financial Statement Statements of Changes in Stockholders' Equity Financial Statement Statements of Changes in Stockholders' Equity 2017/12/31 Statement of Stockholders' Equity Ordinary share Total share capital Capital surplus Legal reserve Special reserve Unappropriated retained earnings (accumulated deficit) Total retained earnings Exchange differences on translation of foreign financial statements Unrealized gains (losses) on available-for-sale financial assets Others Total other equity interest Total equity attributable to owners of parent Non-controlling interests Total equity 1,206,376 1,206, , ,993 21,364 2,093,666 2,799, , , ,122 4,687, ,150 5,016,528 Equity at beginning of period Legal reserve appropriated 104, , Special reserve appropriated -12,636 12, Cash dividends of ordinary share -723, , , ,826 Profit (loss) 873, , ,158 18, ,234 Other comprehensive income ,875-17,916-18,662-18,662 Total comprehensive income 872, , ,875-17, ,496 18, ,572 Changes in ownership interests in subsidiaries -14, , , , ,513 0 Changes in non-controlling interests 0-224, ,154 Share-based payments -1,200-1,200-11,220 69,544 69,544 57,124 57,124 Total increase (decrease) in equity -1,200-1,200-25, ,184-12, ,469-32, ,875 69,544 51,628-7,719-10,565-18,284 Equity at end of period 1,205,176 1,205, , ,177 8,728 1,969,197 2,766, ,701-50,850-77,494 4,679, ,585 4,998, /12/31 Statement of Stockholders' Equity Ordinary share Total share capital Capital surplus Legal reserve Special reserve Unappropriated retained earnings (accumulated deficit) Total retained earnings Exchange differences on translation of foreign financial statements Unrealized gains (losses) on available-for-sale financial assets Others Total other equity interest Total equity attributable to owners of parent Non-controlling interests Total equity 1,191,376 1,191, , , ,755,851 2,356, ,364-3,721-24,321 4,170, ,900 4,369,547 Equity at beginning of period Legal reserve appropriated 83,543-83, Special reserve appropriated 21,364-21, Cash dividends of ordinary share -595, , , ,688 Profit (loss) 1,041,837 1,041,837 1,041,837 57,190 1,099,027 Other comprehensive income -3,154-3,154-1,666 13,538 11,872 8,718 8,718 Total comprehensive income 1,038,683 1,038,683-1,666 13,538 11,872 1,050,555 57,190 1,107,745 Changes in ownership interests in subsidiaries 23, ,287-23,287 0 Changes in non-controlling interests 96,347 96,347 Share-based payments 15,000 15, , , ,673 38, ,577 Total increase (decrease) in equity 15,000 15, ,810 83,543 21, , ,722-1,666 13, , , , , ,981 Equity at end of period 1,206,376 1,206, , ,993 21,364 2,093,666 2,799, , , ,122 4,687, ,150 5,016, /1

SITRONIX TECHNOLOGY CORP. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2016 AND DECEMBER 31, 2015

English Translation of Financial Statements Originally Issued in Chinese SITRONIX TECHNOLOGY CORP. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2016 AND DECEMBER 31, 2015 The financial