Announcement

No. 2 Date 2020/10/14 Time 13:35:23
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 2020/10/14 To which item it meets paragraph 14
Explanation 1.Date of the board of directors resolution:2020/10/14
2.Type and monetary amount of dividend distribution:Total amount of
cash dividends is USD 481,010.61 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
HC (Asia) Holdings Co., Ltd. announced the distribution of its first
cash dividend of 2019 on September 23, 2020, and today (2020/10/14)
its second cash dividend of 2019 proposed by the Board of HC (Asia)
Holdings Co., Ltd. is USD 481,010.61 dollars to Hon Chuan Holding
Limited.