Chenming Electronic Technology : The Board of Directors resolved to invest in mainland China through indirect investment.

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Provided by: CHENMING ELECTRONIC TECHNOLOGY CORPORATION
SEQ_NO	2	Date of announcement	2022/03/23	Time of announcement	14:52:50
Subject	The Board of Directors resolved to invest in mainland China through indirect investment.
Date of events	2022/03/23	To which item it meets	paragraph 20
Statement	1.Date of occurrence of the event:2022/03/23 2.Method of the current increase (decrease) in investment:Set up a production base in Kunshan, mainland China by reinvesting in a company in the third region. 3.Amount, unit price, and total monetary amount of the transaction: Total monetary amount of the transaction:USD$ 3,000,000 Transaction volume, price per unit:not applicable 4.Company name of the mainland Chinese investee:not applicable. (Company not yet established) 5.Paid-in capital of aforementioned mainland Chinese investee: not applicable. 6.Amount of capital increase currently planned for the aforementioned mainland Chinese investee:USD$3,000,000 7.Main businesses of the aforementioned mainland Chinese investee: Computer and server chassis. 8.Type of CPA opinion in the latest annual financial statements of the aforementioned mainland Chinese investee: not applicable. 9.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements:not applicable. 10.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual financial statements:not applicable. 11.Amount of actual investment in the aforementioned mainland Chinese investee, up to the present moment: not applicable. 12.Trading counterparty and its relationship with the Company: not applicable. 13.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:not applicable. 14.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:not applicable 15.Profit (or loss) upon disposal:not applicable 16.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: USD$ 3,000,000 17.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: The decision-making unit is the Audit Committee and Board of Directors. 18.Broker:not applicable 19.Concrete purpose of the acquisition or disposal:Long-term investment. 20.Any dissenting opinions of directors to the present transaction:No. 21.Whether the counterparty of the current transaction is a related party: NO. 22.Date of the board of directors resolution:2022/03/23 23.Date of ratification by supervisors or approval by the Audit Committee:2022/03/23 24.Total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment: USD$ 54,510,000 25.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the paid-in capital on the latest financial statements:97.97% 26.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the total assets on the latest financial statements:21.18% 27.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:68.15% 28.Total amount of actual investment in mainland China, up to the present moment:USD$51,510,000 29.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the paid-in capital on the latest financial statements:92.57% 30.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the total assets on the latest financial statements:20.02% 31.Ratio of the total amount of actual investment in mainland China, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:64.39% 32.Amount of recognized profit (loss) on investment in mainland China for the last three years: 2019Y: NT$117,282,000 2020Y: NT$61,990,000 2021Y: NT$-100,324,000 33.Amount of profit remitted back to Taiwan for the last three years: 2019Y: NT$0 2020Y: NT$0 2021Y: NT$0 34.Whether the CPA issued an unreasonable opinion regarding the current transaction:not applicable 35.Name of the CPA firm:not applicable 36.Name of the CPA:not applicable 37.Practice certificate number of the CPA:not applicable 38.Any other matters that need to be specified:None