Rich Development Co.,Ltd. signed the land joint construction contract in Xinyi District, Taipei City. Base scope: land in Xinyi Districtt, Taipei City, with an estimated land area of approximately 569.61 pings. Joint construction distribution ratio: Landlord 61-60%; Builder 39-40%.

The company's estimated participation investment amount: about TWD 9930,000,000. Name of the professional appraisal firm or company and its appraisal opinion: professional appraiser firm GZONETAI Real ESTATE APPRAISAL FIRM Valuation result. The joint construction ratio is 59.3% for the landlord; 40.7% for the builder.