Announcement of the resolution by the board of directors to distribute dividends, on behalf of major subsidiary HC (Asia) Holdings Co., Ltd.

No.	1	Date	2020/09/23	Time	14:43:47
Subject	Announcement of the resolution by the board of directors to distribute dividends, on behalf of major subsidiary HC (Asia) Holdings Co., Ltd.
Date of events	2020/09/23	To which item it meets	paragraph 14
Explanation	1.Date of the board of directors resolution:2020/09/23 2.Type and monetary amount of dividend distribution:Total amount of cash dividends is USD 1,392,399.14 dollars 3.Any other matters that need to be specified: Hon Chuan Holding Limited:100% re-investment of the Company HC (Asia) Holdings Co., Ltd.:100% re-investment of Hon Chuan Holding Limited Cash dividend proposed by the Board of HC (Asia) Holdings Co., Ltd. is USD 1,392,399.14 dollars to Hon Chuan Holding Limited.

Announcement