(Progress on Disclosed Matter) Notice of the Start of Consideration of Organizational Restructuring of a Consolidated Subsidiary (China Prime Wafer Business)

Regarding the organizational restructuring under consideration by GRITEK, a consolidated subsidiary in China, discussions are continuing on the terms of the equity transfer agreement and other matters. Accordingly, the suspension of trading in GRITEK shares on the Shanghai Stock Exchange has been extended by 5 business days.

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This transaction

Organizational Reorganization

Disclosing companyRS Technologies Co.,Ltd.

GRITEK (有研半導体硅材料股份公司)Subject of this transaction

Target company

Location China

This transaction
Item	Details
Transaction name	Organizational Reorganization
Name of the Subject Company	GRITEK (有研半導体硅材料股份公司)
Location of the Subject Company	China

Items this document does not state (29)

Counterparty nameBusiness Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Because further time is still required to consider the terms and conditions of the equity transfer agreement relating to the organizational restructuring and to discuss and coordinate the matter with the parties concerned.

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