The announcement of NYPCB increases investment in NYPCB Kunshan

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Provided by: NAN YA PRINTED CIRCUIT BOARD CORPORATION
SEQ_NO	1	Date of announcement	2021/11/09	Time of announcement	15:29:31
Subject	The announcement of NYPCB increases investment in NYPCB Kunshan
Date of events	2021/11/09	To which item it meets	paragraph 20
Statement	1.Date of occurrence of the event:2021/11/09 2.Method of the current increase (decrease) in investment: NYPCB invests NYPCB Kunshan through NYPCB Hong Kong, which is a subsidiary 100% owned by NYPCB 3.Amount, unit price, and total monetary amount of the transaction: (1)Volume: NA (2)Unit price: NA (3)Total monetary amount of the transaction: USD 71,000,000 4.Company name of the mainland Chinese investee:NYPCB Kunshan 5.Paid-in capital of aforementioned mainland Chinese investee:USD204,800,000 6.Amount of capital increase currently planned for the aforementioned mainland Chinese investee: USD71,000,000 7.Main businesses of the aforementioned mainland Chinese investee: Printed circuit board 8.Type of CPA opinion in the latest annual financial statements of the aforementioned mainland Chinese investee:Unmodified opinion 9.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements:RMB2,734,475,520.19 10.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual financial statements:RMB94,259,877.46 11.Amount of actual investment in the aforementioned mainland Chinese investee, up to the present moment:USD204,800,000 12.Trading counterparty and its relationship with the Company: (1)Counterparty to the transaction: NYPCB Kunshan. (2)The relationship to the Company: A 100% owned subsidiary. 13.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: (1)The reason for choosing the related party as the trading counterparty: NYPCB invests NYPCB Kunshan through NYPCB Hong Kong,which is a subsidiary 100% owned by NYPCB. (2)The identity of the previous owner (including its relationship with the company and the trading counterpart), the date of transfer, and the price: NA 14.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:NA 15.Profit (or loss) upon disposal:NA 16.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: (1)Terms of delivery or payment (including payment period and monetary amount): Payments are distributed in different times according to the expansion process of NYPCB Kunshan. (2)Restrictive covenants in the contract, and other important stipulations: None 17.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: The resolution of the board of NYPCB. 18.Broker:None 19.Concrete purpose of the acquisition or disposal:Long term investment 20.Any dissenting opinions of directors to the present transaction:No 21.Whether the counterparty of the current transaction is a related party: Yes 22.Date of the board of directors resolution:2021/11/09 23.Date of ratification by supervisors or approval by the Audit Committee:2021/11/09 24.Total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment: USD275,800,000 25.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the paid-in capital on the latest financial statements:130.81% 26.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the total assets on the latest financial statements:20.74% 27.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:22.83% 28.Total amount of actual investment in mainland China, up to the present moment:USD204,800,000 29.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the paid-in capital on the latest financial statements:100.20% 30.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the total assets on the latest financial statements:15.88% 31.Ratio of the total amount of actual investment in mainland China, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:17.49% 32.Amount of recognized profit (loss) on investment in mainland China for the last three years: 2018:NTD-242,744,000 2019:NTD-86,812,000 2020:NTD325,553,000 33.Amount of profit remitted back to Taiwan for the last three years: 2018:NTD0 2019:NTD0 2020:NTD0 34.Whether the CPA issued an unreasonable opinion regarding the current transaction:NA 35.Name of the CPA firm:NA 36.Name of the CPA:NA 37.Practice certificate number of the CPA:NA 38.Any other matters that need to be specified: (1)This proposal of the increase in investment for NYPCB Kunshan has not yet been applied to MOEAIC. It is a resolution of NYPCB. (2)This increase in investment is mainly for the expansion of ABF type PCB.