Century Iron and Steel Industrial Co.,Ltd. announced clarification of a report by Economic Daily News on March 29th, 2022, the company declare that “Century Iron and Steel as well as Century Wind Power have obtained the purchase order of 21 pieces of tripod-jacket underwater basic components and the amount is nearly TWD 5.5 billion” and other report contents are simply assumptions made by the journalist. Report from Economic Daily News A11 Edition: “President LAI, WEN-HSIANG pointed out that the group had the vision and took one step forward. The investments on offshore wind power are incredible; there will be TWD 7 billion invested in Taipei Port, and another TWD 4.5 billion in Taichung Harbor.

Considering that there is still room for growth of supply chain of wind power components in the country, they are planning to expand the investment on the supply end as well, which may make the total investments reach TWD 13 billion.” Report from Economic Daily News A11 Edition: “Century Iron and Steel as well as Century Wind Power have obtained the purchase order of 21 pieces of tripod-jacket underwater basic components. The legal entity estimates that the amount is nearly TWD 5.5 billion and will be recognized based on the completion ratio after contracting.