Ideal Bike CorporationTPEX: 8933

Correction of information on the independent financial statements for the years ended Dec. 31,2021

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Provided by: IDEAL BIKE CORPORATION
SEQ_NO 1 Date of announcement 2022/04/14 Time of announcement 17:10:14
Subject
 Correction of information on the independent
financial statements for the years ended Dec. 31,2021
Date of events 2022/04/14 To which item it meets paragraph 53
Statement
1.Date of occurrence of the event:2022/04/14
2.Company name: Ideal Bike Industry Co., Ltd.
3.Relationship to the Company (please enter "head
  office" or  "subsidiaries"):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:Correction of information on the independent
financial statements for the years ended Dec. 31,2021
6.Information items/ statements to be corrected:Separate Statement of
Comprehensive Income and Note 24 Net profit (loss) from continuing operations
7.Amounts/ contents/ number of page to be corrected:
The page 8 of independent financial statements for the years ended 2021
Separate Statement of Comprehensive Income
Interest income: (292) thousand NTD
Other incomes: 19,386 thousand NTD
The page 54 of independent financial statements for the years ended 2021
Note 24 Net profit (loss) from continuing operations
(I) Interest income/Interest income: 292 thousand NTD
(II) Other revenue/Others: 17,888 thousand NTD
(II) Other revenue/Net: 19,386 thousand NTD
(III) Other profits and losses/Net: (1,985) thousand NTD
8.Amounts/ contents/ number of page after correction:
The page 8 of independent financial statements for the years ended 2021
Separate Statement of Comprehensive Income
Interest income: 258 thousand NTD
Other incomes: 18,836 thousand NTD
The page 54 of independent financial statements for the years ended 2021
Note 24 Net profit (loss) from continuing operations
(I) Interest income/Interest income: 258 thousand NTD
(II) Other revenue/Others: 17,338 thousand NTD
(II) Other revenue/Net: 18,836 thousand NTD
(III) Other profits and losses/Net: 1,985 thousand NTD
9.Countermeasures: Reissue the aforementioned corrections pages to MOPS
after the material information is released.
10.Any other matters that need to be specified:This correction have no
effect on the net income.

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