The Board of Directors of Shenzhen Goodix Wireless Co., Ltd.
Statement on Compliance with Article 4 of the Regulatory Requirements for Listed Companies' Planning and Implementation of Major Asset Restructuring
Shenzhen Goodix Wireless Co., Ltd. (hereinafter referred to as the "Company") proposes to acquire a 37.16% stake in Shenzhen Honsheng Electronics Co., Ltd. (hereinafter referred to as the "Target Company" or "Honsheng Electronics") by way of cash payment, and to control the Target Company through an acting-in-concert agreement (hereinafter referred to as the "Transaction"). Upon completion of the Transaction, Honsheng Electronics will become a controlling subsidiary of the Company.