[Chung Fu] Announcement on Approval for Extension of Deadline for Restatement and Filing of 114th Fiscal Year and 115th Q1 Financial Reports

1. Date of occurrence: 115/05/21 2. Financial reports subject to correction or restatement: FY114 and Q1 115 financial reports. 3. Reason for correction or restatement: Restatement. 4. Origin of event: Financial Supervisory Commission Letter (Jin-Guan-Zheng-Shen-Zi No. 1150344393) dated May 18, 115. 5. Deadline mandated by regulatory authority: 115/06/15. 6. Main difference from previous announcement: N/A. 7. Response measures: (1) The company previously failed to provide sufficient and appropriate audit evidence for the accounting items of our equity-method investee, Fu Hsing, regarding the FY114 financial statements. We repeatedly requested Fu Hsing to provide its FY114 audited financial reports between April 1 and April 29, 115, and our chairman also requested board meetings in his capacity as a director of Fu Hsing, but received no response by the deadline. Consequently, our securities were suspended from trading by the Taiwan Stock Exchange. (2) Furthermore, as the company could not obtain Fu Hsing's audited FY114 reports or Q1 115 financial information, our auditors could not provide an opinion on our Q1 115 financial statements. This led to a combined trading suspension. (3) Following the suspension, Fu Hsing's board elected Mr. Chen Jian (our chairman) as the new Chairman of Fu Hsing. We plan to hold an extraordinary shareholders' meeting, elect new supervisors, and appoint auditors. We will diligently collect financial data from the former chairman and auditors to complete our financial reports and proceed with the necessary audit and restatement process to protect shareholders' interests. 8. Other information: None.