(Incorporated in the Cayman Islands with limited liability)
(Stock code: 471)
MONTHLY REVENUE ANNOUNCEMENT OF INDIRECTLY
WHOLLY OWNED SUBSIDIARIES FOR OCTOBER 2007

Global Flex Holdings Limited (the “Company”) announces that the unaudited net
operating revenue of Global Flex (Suzhou) Co. Ltd. and Forever Jade Electronics
(Suzhou) Co. Ltd., indirectly wholly owned subsidiaries of the Company, were
approximately RMB167,000,000 and RMB57,000,000 respectively for the month
of October 2007 and its net accumulative operating revenue for the current year
was RMB1,320,300,000 and RMB549,000,000 respectively.
Global Flex Holdings Limited (the “Company”) is a subsidiary of Vertex Precision
Electronics Inc. (the “Holding Company”), a company listed on the Gretai Securities
Market of the Republic of China, which is holding approximately 93.28% in Century
Champion Group Limited which in turn is holding approximately 26.92% in the
issued share capital of the Company. In addition, Chia-Tung Investment Co. Ltd. (a
subsidiary of the Holding Company which is owned as to 99.97% of the equity
interest by the Holding Company) is interested in approximately 6.72% of the equity
interests in Century Champion Group Limited. The Holding Company is therefore
deemed to be interested in approximately 26.92% of the equity interests in the
Company, as at 9 November 2007. Meanwhile, Global Flex (Suzhou) Co. Ltd (the
“Global Flex (Suzhou)”), the principal activity of which includes the design,
manufacture and sales of flexible/rigid printed circuit boards, and Forever Jade
Electronics (Suzhou) Co. Ltd (the “Forever Jade (Suzhou)”), the principal activity of
which includes the production and assembly of printed circuit boards, are indirectly
wholly owned subsidiary of the Company. Forever Jade (Suzhou) has started
operation since June 2006. They also are major subsidiaries of the Company. Global
Flex (Suzhou) and Forever Jade (Suzhou) are contributing substantially to the
Holding Company. Pursuant to Articles 3 of the Regulations Governing Information
Reporting in Listed Companies of Taiwan (the “Regulations”), the Holding Company
will have to issue separately on behalf of each of its subsidiaries with substantial
contribution a monthly revenue announcement of the preceding month before the
10th of each calendar month with Taiwan Stock Exchange Corporation. As aforesaid,
Global Flex (Suzhou) and Forever Jade (Suzhou) are contributing substantial to the
Holding Company, the purpose of this announcement is to disclose simultaneously
the information about the said monthly revenue announcement to the Hong Kong
public equivalent to the disclosure made by the Holding Company in Taiwan on
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behalf of Global Flex (Suzhou) and Forever Jade (Suzhou) in order to ensure timely
information to investors, in compliance with the general disclosure requirements of
the Rules Governing the Listing of Securities on The following items are required by the Regulations which are extracted
from the unaudited management accounts of Global Flex (Suzhou) and Forever Jade
(Suzhou) and equivalent to the said monthly revenue announcement made by the
Holding Company.
1. Stock Code: 00471
2. Year: 2007
3. Month: October
Global
Flex
(Suzhou)
Forever
Jade
(Suzhou) Total
4. Net operating revenue (i.e. equal to the total
revenue less sales discount and sales return)
of the Substantial Subsidiary for the current
month (RMB’000): 167,000 57,000 224,000
5. Net accumulative operating revenue of the
Substantial Subsidiary for the current year
(RMB’000): 1,320,300 549,000 1,869,300
6. Net sales from the Substantial Subsidiary to
the Holding Company for the current month
(RMB’000): ———
7. Percentage of net sales from the Substantial
Subsidiary to the Holding Company for the
current month over the net operating revenue
of the Substantial Subsidiary for the current
month (%): ———
8. Net accumulative sales from the Substantial
Subsidiary to the Holding Company for the
current year (RMB’000): ———
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9. Percentage of net accumulative sales from
the Substantial Subsidiary to the Holding
Company for the current year over the net
accumulative operating revenue of the
Substantial Subsidiary for the current year
(%): ———
10. Net sales from the Holding Company to the
Substantial Subsidiary for the current month
(RMB’000): ———
11. Percentage of net sales from the Holding
Company to the Substantial Subsidiary for
the current month over the net operating
revenue of Holding Company for the current
month (%): ———
12. Net accumulative sales from the Holding
Company to the Substantial Subsidiary for
the current year (RMB’000): ———
13. Percentage of net accumulative sales from
the Holding Company to the Substantial
Subsidiary for the current year over the net
accumulative operating revenue of the
Holding Company for the current year (%): ———
14. Balance amount of loan (i.e. loan made from
the Substantial Subsidiary to any company or
firm due to business transactions) of the
Substantial Subsidiary for operating activities
for the current month (RMB’000): ———
15. Balance amount of loan (i.e. loan made from
the Substantial Subsidiary to any company or
firm due to necessary short-term financing
purpose) of the Substantial Subsidiary for
short-term loan for the current month
(RMB’000): ———
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16. Balance amount of loan (i.e. amount of loan
equal to the amount mentioned in the above
point 14 plus the amount mentioned in the
above point 15) of the Substantial Subsidiary
for the current month (RMB’000): ———
17. Increasing or reducing amount of
endorsement and guarantee of the Substantial
Subsidiary for the current month (RMB’000): ———
18. Accumulative amount of endorsement and
guarantee of the Substantial Subsidiary for
the current month (RMB’000): ———
As at the date of this announcement, the Board comprises six executive Directors,
namely Mr. Lin Cheng Hung, Mr. Hsu Chung, Mr. Huang Lien Tsung, Mr. Wong Chau
Chi, Charles, Ms. Lin Yi Ting and Mr. Shao Yi; four non-executive Directors, namely
Mr. Chou Tsan Hsiun, Mr. Nguyen Duc Van, Mr. Yang Yi and Dr. Li Jun, and three
independent non-executive Directors, namely Mr. Wang Wei-Lin, Mr. Chow Chi Tong
and Mr. Liao Kuang Sheng.
By order of the Board
Global Flex Holdings Limited
Lin Cheng Hung
Chairman
Hong Kong, 9 November 2007
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