Announcement on the plan of cash capital increase on behalf of important subsidiary Weikeng International Co., Ltd.

 Announcement on the plan of cash capital increase
on behalf of important subsidiary Weikeng International
Co., Ltd.

1.Date of the board of directors resolution:2022/06/28
2.Source of capital increase funds:Fully subscribed by the parent company
 Weikeng Industrial Co., Ltd.
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):HK$78.5 million and 78.5
 million 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:HK$1
8.Issue price:HK$1 per share (issued in denomination)
9.Number of shares subscribed for by or allocated to employees:N.A
10.Number of shares publicly sold:N.A
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:N.A
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:N.A
13.Rights and obligations of these newly issued shares:Same as the issued
 common shares
14.Utilization of the funds from the capital increase:To enrich working
 capital and improve financial structure
15.Any other matters that need to be specified: The investment operations
involved in the plan of cash capital increase are handled in accordance
with the Company's " Procedures for Acquisition or Disposal of Assets"
and the relevant laws and regulations of Investment Commission of the
Ministry of Economic Affairs (MOEAIC), Taiwan and the Hong Kong registered
place of the subsidiary.