Sunny Friend Environmental Technology Announce the Company's waiver to participating in the subscription of new shares for cash capital increase of Chin Hsin Company and determination of the base date

 Announce the Company's waiver to participating in
the subscription of new shares for cash capital increase
of Chin Hsin Company and determination of the base date

1.Date of occurrence of the event:2022/08/05
2.Company name:Sunny Friend Environmental Technology Co., Ltd.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:Not applicable
5.Cause of occurrence:In accordance with the resolution of the annual general
meeting held on May 27, 2022 and the resolution of the board meeting
held on August 5, 2022.
6.Countermeasures:None
7.Any other matters that need to be specified:
I.The Company intends to renounce its' participation in the subscription of
10,000,000 new shares of subsidiary Chin Hsin company's cash capital increase
to all shareholders of the Company, in which the issue price is NT$15 per
share and all shareholders of the Company can subscribe 69.8684 shares
(calculated to the fourth decimal place, unconditionally rounded down below)
of the Chin Hsin company for every 1,000 shares of the Company held.
II.In response to the relevant schedule of the base date for the share
subscription of Chin Hsin company's cash capital increase, the schedule
of relevant base date for all shareholders of the Company subscribing
to Chin Hsin company's cash capital increase is as follows.
1.Base date for the Company's other benefits:2022/08/29
2.Period of the stop of the Company's stock-transfer date:
2022/08/25~2022/08/29
3.Last date before book closure:2022/08/24
4.The ex-dividend date of the Company's shares:2022/08/23
5.The payment period for the Company's shareholders:2022/08/31~2022/09/01
6.Base date for Chin Hsin company's cash capital increase:2022/09/12
III.The chairman is authorized to handle all outstanding matters.