| Statement |
1.Date of occurrence of the event:2023/03/08
2.Method of the current increase (decrease) in investment: The Company planned to invest in Far Eastern
Union Petrochemical (Yangzhou) Ltd. through PET FAR EASTERN (HOLDING) LIMITED.
3.Amount, unit price, and total monetary amount of the transaction:
Transaction volume: N/A
Price per unit: N/A
Total purchase price: USD26,520,000
4.Company name of the mainland Chinese investee: Far Eastern Union Petrochemical (Yangzhou) Ltd.
5.Paid-in capital of aforementioned mainland Chinese investee: RMB1,891,361,910
6.Amount of capital increase currently planned for the aforementioned mainland Chinese investee: USD60,000,000
7.Main businesses of the aforementioned mainland Chinese investee: Sales of PTA & polyester products
8.Type of CPA opinion in the latest annual financial statements of the aforementioned
mainland Chinese investee: Unqualified Opinion
9.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements:
RMB1,655,304,557.33
10.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual
financial statements: RMB146,317,036.33
11.Amount of actual investment in the aforementioned mainland Chinese investee,
up to the present moment: USD108,074,164
12.Trading counterparty and its relationship with the Company:
Trading counterpart: PET FAR EASTERN (HOLDING) LIMITED
Relationship with the company: Equity method investee
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: Capital injection / NIL
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:NIL
15.Profit (or loss) upon disposal:N/A
16.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants
in the contract, and other important terms and conditions: Cash / NIL / NIL
17.The manner in which the current transaction was decided, the reference basis for the decision on price,
and the decision-making unit: Capital injection / Capital injection / BOD
18.Broker:N/A
19.Concrete purpose of the acquisition or disposal: Long-term investment
20.Any dissenting opinions of directors to the present transaction:NIL
21.Whether the counterparty of the current transaction is a related party:Yes
22.Date of the board of directors resolution:2023/03/08
23.Date of ratification by supervisors or approval by the Audit Committee:2023/03/03
24.Total amount of investment in mainland China (including the current investment) approved by
the Investment Commission, up to the present moment: USD825,446,093
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: 47.15%
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: 7.57%
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: 12.25%
28.Total amount of actual investment in mainland China, up to the present moment: USD791,549,413
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: 45.21%
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: 7.26%
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: 11.75%
32.Amount of recognized profit (loss) on investment in mainland China for the last three years:
Year 2019: NTD1,137,393,000
Year 2020: NTD(1,061,788,000)
Year 2021: NTD228,946,000
33.Amount of profit remitted back to Taiwan for the last three years:
Year 2019: NTD0
Year 2020: NTD0
Year 2021: NTD0
34.Whether the CPA issued an unreasonable opinion regarding the current transaction:No
35.Name of the CPA firm: Reanda M Y Wu & Co., CPAs
36.Name of the CPA: M.Y. Wu
37.Practice certificate number of the CPA:
Order No. Financial-Supervisory-Securities-Auditing-1000036796 of the Financial Supervisory Commission
38.Any other matters that need to be specified:NIL
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