E&R Engineering Corporation announced the construction of New Factory and Office Building on leased land. Counterparty to the contract and relationship with the Company: Chuan-hsin Construction Ltd. Major content of the contract (including total contract amount, anticipated monetary amount of participation in the investment, and start and end dates of the contract), restrictive covenants, and other important terms and conditions: Contract amount TWD 470,000,000 (pre-tax). Start and end dates of the contract: Effective from the signing date until the completion of all works and the expiration of the warranty period upon acceptance.