Shinkong Synthetic Fibers Corporation announced the incorporation of the Shingkong Yoshi Corp. Amount, unit price, and total monetary amount of the transaction: Quantity: 51,000,000 shares; Price per share: TWD 10; Total monetary amount of the transaction: TWD 510,000,000; Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed): Newly incorporated company; Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Capital injection prior to company incorporation; The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit: The decision made on the transaction and its price is executed and complied with the Company's approval authority. The decision-making unit: chairman.

No. of shares held: 51,000,000 common shares; Monetary amount: TWD 510,000,000; Shareholding percentage: 100%; Current ratio of securities investment to total assets (this transaction included): 60.45%; Current ratio of securities investment to equity attributable to the parent company (this transaction included): 91.97%; Working capital per most recent financial statements: TWD 3,603,039,000.