Note : This document has been translated from the Japanese original for reference purposes only. In the event ofany discrepancy between this translated document and the Japanese original, the original shall prevail.

August 6, 2024

To whom it may concern

Company name:
Representative:

Contact:
Phone:

Meiko Electronics Co., Ltd.
Yuichiro Naya, President & CEO(Code: 6787, Prime Market of theTokyo Stock Exchange)
Shunsuke Eiki
Office of the President & CEO
0467-76-6001

Notice of Business Alliance with Aoshikang Technology Co., Ltd.
Meiko Electronics Co., Ltd. (hereinafter referred to as "Meiko") hereby announces that its Board of Directors has resolved
at a meeting held on August 6, 2024, to enter into a business alliance for printed circuit board business with Aoshikang
Technology Co., Ltd. (hereinafter referred to as "ASK") as follows.
1. Reason for Business Alliance
Meiko is expanding its production capacity in Vietnam to meet the growing demand for printed circuit boards in theASEAN region, and has decided to form a business alliance with ASK in order to quickly respond to the growing demand.
ASK, on the other hand, has been selecting a partner to collaborate with regarding a plant that ASK is constructing inThailand. Both companies have now agreed to a business alliance for the production and sales of through-hole printed
circuit boards.
2. Details of Business Alliance
JIARUIAN Pte. Ltd. (hereinafter referred to as "JIARUIAN" (Singapore)), a wholly owned subsidiary of ASK, will
increase its capital, and Meiko group will subscribe US$20 million for up to 14.9% of the shareholding to manage
JIARUIAN's production subsidiary, Sundell Technology Co., Ltd. (Thailand).
3. Outline of Business Alliance Partner(1) Company Name
Aoshikang Technology Co., Ltd.
Longtang Village, Changchun Industrial Park, Ziyang District, Yiyang,(2) Address
People’s Republic of China
Title and name ofChairman(3)
representative
Yong Cheng(4) Business
R&D, manufacturing and sales of printed circuit boards(5) Capital
317,360,504 Chinese Yuan Renminbi(6) Date of Establishment
May 21, 2008
Major Shareholders and(7)Shenzhen Beidian Investment Co., Ltd. [50.4%]
Shareholding Ratio
Capital Ties
(8)

Relationship between the
Listed Company and theRelevant Company

PersonalRelations
BusinessRelations
Affected Party
Status

None
None
None
None(9)Consolidated operating results and consolidated financial position of the company for the past three years(Unit: Chinese Yuan Renminbi)
Ended December 31,
Ended December 31,
Ended December 31,
Fiscal Year
2021
2022
2023
Consolidated Net Assets

3,523,272,735.93

3,786,976,790.04

4,107,620,059.43

Consolidated Total Assets

7,413,963,101.00

7,702,187,796.20

7,356,086,010.07

21.89

11.76

12.94

4,435,474,357.36

4,567,482,528.85

4,329,869,947.46

510,142,395.29

355,704,189.33

580,466,857.03

490,160,509.76

306,797,979.05

518,626,014.39

1.63

0.97

1.63

Consolidated Net Assets per
Share
Consolidated Net Sales
Consolidated Operating
ProfitProfit Attributable to Ownersof the Parent
Consolidated Net Profit per
Share

4. Future Outlook
The impact of this matter on the consolidated business results for the current fiscal year is negligible.