SAKura Development Co.,Ltd signed contract for the new construction of the project located in Xinronghe Section, Wuri District, Taichung City. Total contract amount: TWD 6593,784,468 (VAT inclusive). Start and end dates of the contract: July 01, 2023 to December 31, 2026.

Counterparty to the contract and relationship with the Company: Counterparty: GUO-CHENG CONSTRUCTION LTD.