Elite Material Co., Ltd. announced on behalf of subsidiary EMC (Kunshan) Co., Ltd. announced the construction of the plant project. Counterparty to the contract and relationship with the Company: Jiangsu Yongtai Construction Engineering Co., Ltd. Major content of the contract (including total contract amount, anticipated monetary amount of participation in the investment, and start and end dates of the contract), restrictive covenants, and other important terms and conditions: The cost of the project is TWD 1.298 billion for the construction of the plant; The contract is according to the company's construction schedule. Name of the professional appraisal firm or company and its appraisal opinion: NA.

The appraisal report has a limited price, specific price, or special price: TWD 1,297,729,874.