Announcement

No. 1 Date 2021/05/14 Time 06:17:12
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 2021/05/13 To which item it meets paragraph 14
Explanation 1.Date of the board of directors resolution:2021/05/13
2.Type and monetary amount of dividend distribution:Total amount of
cash dividends is USD 11,544,254.66 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 11,544,254.66 dollars to Hon Chuan Holding Limited.