Fenbi Limited (Hong Kong SAR, China)

Fenbi Limited is a Hong Kong-based company that was established on September 25, 2007. On September 26, 2015, the board of directors of Fenbi Limited agreed to transform the company from a limited liability company to a joint stock limited company, with all shareholders of Fenbi Limited as initiators. The initiators signed an "Initiator Agreement" on the same day, which stipulated that the net assets of Fenbi Limited as of August 31, 2015, audited by Ernst & Young, amounted to 38,666,824.54 yuan. This amount was converted into 35 million shares at a ratio of 1:0.90517, with a face value of 1 yuan per share. The remaining 3,666,824.54 yuan was included in the capital surplus, making the registered capital of the company 35 million yuan. On October 11, 2015, the company held its first shareholders' meeting, where resolutions were passed regarding the establishment of Suzhou Fenbi Microelectronics Technology Co., Ltd. and the articles of association of Suzhou Fenbi Microelectronics Technology Co., Ltd. The first board of directors and the first board of supervisors were also elected. On the same day, Ernst & Young conducted an examination of the capital contribution for the aforementioned transformation and issued an "Examination Report" (Ernst & Young Report No. [2015] 151935). On November 12, 2015, Fenbi Limited obtained the approval from the Suzhou Industrial Park Administration Committee to change its name to a foreign-invested joint stock limited company (Approval No. [2015] 90 of the Suzhou Park Management Committee) and was registered with the Jiangsu Provincial Administration for Industry and Commerce. On November 16, 2015, Fenbi Limited received the "Approval Certificate for Foreign-Invested Enterprises of the People's Republic of China" issued by the Jiangsu Provincial People's Government (Approval No. [2015] 96878 of the Commercial Foreign Investment Suzhou Government). On December 2, 2015, the company obtained a business license with a unified social credit code of 913200006676081021 issued by the Jiangsu Provincial Administration for Industry and Commerce, with a registered capital of 35 million yuan.