The Board resolution of issuance of new common shares for cash

 The Board resolution of issuance of new common
shares for cash

1.Date of the board of directors resolution:2022/03/17
2.Source of capital increase funds:Domestic capital increase
3.Whether to adopt shelf registration
  (Yes, please state issuance period/No):No
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus):Total monetary value
NTD150,000,000, Total number of shares:within the limit of 15,000,000 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:N/A
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:N/A
7.Par value per share:NTD10
8.Issue price:The board will set the issue price upon authorization from
Shareholders' meeting
9.Number of shares subscribed for by or allocated to employees:
Following Article 267 in Company Act, ten to fifteen percent of the total
shares issued will be preserved for subscription by, or allocated to,
employees
10.Number of shares publicly sold:
Number of shares publicly sold will be determined following Articles 28-1 in
Securities and Exchange Act
11.Ratio of shares subscribed by or allotted as stock
dividends to existing shareholders:To be determined
12.Handling method for fractional shares and shares
unsubscripted for by the deadline:Chairman will be authorized to handle this
matter
13.Rights and obligations of these newly issued shares:the rights and
obligations will be the same as common shares previously issued
14.Utilization of the funds from the capital increase:
to develop possible alliance, to increase working capital, to pay off current
debt, and to expand production capacity
15.Any other matters that need to be specified:
It will be proposed that the coming shareholders meeting to authorize
the Board of Directors ("Board"), within the limit of 15,000,000
common shares It is proposed to authorize the board of directors to decide
the actual issue price within the range approved by the shareholders
meeting, depending on the status of the market condition