Announcement

No. 3 Date 2022/07/25 Time 11:36:32
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 2022/07/25 To which item it meets paragraph 14
Explanation 1.Date of the board of directors resolution:2022/07/25
2.Type and monetary amount of dividend distribution:Total amount of
cash dividends is USD 4,430,360.89 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 4,430,360.89 dollars to Hon Chuan Holding Limited.