Announce to set up a new subsidiary in China for subsidiary (TPK Glass Solutions (Xiamen) Inc.)

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Provided by: TPK Holding Co., Ltd.
SEQ_NO	13	Date of announcement	2021/11/09	Time of announcement	22:47:42
Subject	Announce to set up a new subsidiary in China for subsidiary (TPK Glass Solutions (Xiamen) Inc.)
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: To set up a new China subsidiary, named Yiqun Electronic Tech (Xiamen) Inc.(name tentative) 3.Amount, unit price, and total monetary amount of the transaction: Amount and unit price :NA Total monetary amount: CNY 1,000 thousand in cash and CNY 1,815,677 thousand in real estate worth, total CNY 1,816,677 thousand (equivalent to NTD 7,905,517 thousand) 4.Company name of the mainland Chinese investee: Yiqun Electronic Tech (Xiamen) Inc.(name tentative) 5.Paid-in capital of aforementioned mainland Chinese investee: CNY 1,816,677 thousand (equivalent to NTD 7,905,517 thousand) after investment 6.Amount of capital increase currently planned for the aforementioned mainland Chinese investee: CNY 1,816,677 thousand (equivalent to NTD 7,905,517 thousand) 7.Main businesses of the aforementioned mainland Chinese investee: Real estate management and touch modules research,development, manufacturing and sales 8.Type of CPA opinion in the latest annual financial statements of the aforementioned mainland Chinese investee:NA 9.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements:NA 10.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual financial statements:NA 11.Amount of actual investment in the aforementioned mainland Chinese investee, up to the present moment: NA 12.Trading counterparty and its relationship with the Company: NA 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: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: None/None/None 17.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: Approved by the BOD resolutions of TPK Glass Solutions (Xiamen) Inc., the Audit Committee and BOD resolutions of TPK Holding Co., Ltd. 18.Broker:None 19.Concrete purpose of the acquisition or disposal: Business operation need 20.Any dissenting opinions of directors to the present transaction:None 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: NA 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:NA 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:NA 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:NA 28.Total amount of actual investment in mainland China, up to the present moment: NA 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: NA 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: NA 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: NA 32.Amount of recognized profit (loss) on investment in mainland China for the last three years: Y2018 NTD 1,418,808 thousand Y2019 NTD 384,020 thousand Y2020 NTD 1,473,393 thousand 33.Amount of profit remitted back to Taiwan for the last three years: Y2018 NTD 191,676 thousand Y2019 0 Y2020 NTD 154,996 thousand 34.Whether the CPA issued an unreasonable opinion regarding the current transaction:No 35.Name of the CPA firm:Crowe (TW) CPAs 36.Name of the CPA:CHEN ZHAO-HUI 37.Practice certificate number of the CPA:No.4361 38.Any other matters that need to be specified: CNY1 = NT$ 4.3516