Announcement on behalf of the subsidiary TETC Corp. Ningbo signed a contract engaging others to build construction on our own land.(supplementary announcement 2022.11.07)

1.Type of contract:Engaging others to build on our own land.
2.Date of occurrence of the event:2023/12/19
3.Counterparty to the contract and relationship with the Company:
Counterparty to the contract: Zhejiang Shangpin electromechanical
Engineering Co., LTD.
Relationship with the Company:No
4.Major content of the contract (including total contract amount,
anticipated monetary amount of participation in the investment, and start
and end dates of the contract), restrictive covenants, and other important
terms and conditions:
Total contract amount with tax is around CNY 57.64 million
(around NT$ 253 million)
Start and end dates of the contract、restrictive covenants,
and other important terms and conditions: In accordance with the contract
5.Name of the professional appraisal firm or company and its
appraisal opinion:NA
6.Name of the real property appraiser:NA
7.Practice certificate number of the real property appraiser:NA
8.Concrete purpose of the acquisition:
For production and operation
9.Any dissenting opinions of directors to the present transaction:None
10.Whether the counterparty of the current transaction is a related party:No
11.Date of the board of directors resolution:2022/11/07
12.Date of ratification by supervisors or approval by
the audit committee:2022/11/07
13.The appraisal report has a limited price, specific price,
or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Any other matters that need to be specified:None