Announcing the company's Board of Directors resolved to terminate the public offering or private offering of common shares or convertible bond

 Announcing the company's Board of Directors
resolved to terminate the public offering or private
offering of common shares or convertible bond

1.Date of the board of directors resolution for the change:2022/03/16
2.Effective registration date of the original plan:NA
3.Resolution date of additional issuance of the original plan:NA
4.Reason for the change:
1.The Company intends to raise funds through public offerings or
  private placements with strategic investors at an appropriate time
  for the purpose of replenishing working capital, repaying bank loans,
  repaying corporate bonds, and considering the timeliness, feasibility
  and cost of issuance.
  The actual number of shares to be issued or converted is passed by
  shareholder's meeting on August 31, 2021 to authorize the Board of
  Directors to decide within the limit of 36,000,000 shares depending
  on the capital position.
  The Company intends to choose one or a combination of issuance of
  ordinary shares, issuance of new shares to participate in global
  depositary receipts or issuance of overseas or domestic convertible
  bonds in one or more phases or at the same time.
2. According to Article 43-6, Securities and Exchange Law, the private
   placement may be carried out by installments within one year of the
   date of the resolution of the shareholders meeting. In consideration
   of the capital market situation, the Company will not continue with
   the above private placement.
5.Content of each and every successive previously changed plan for raising
of funds before and after change:NA
6.Projected timetable for execution:NA
7.Projected completion date:NA
8.Projected possible benefits:NA
9.Difference from original projected benefits:NA
10.Effect of the current change on shareholder equity:NA
11.Abstract of the original lead underwriter's appraisal opinion:NA
12.Any other matters that need to be specified:NA