Cstar Network Announces Second Share Purchase Plan by Controlling Shareholder of Subsidiary Xiamen Canstar Industrial Co., Ltd.

1. Date of Event: 115/07/27

2. Company Name: Xiamen Canstar Industrial Co., Ltd.

3. Relationship with Company (please enter 'Parent', 'Subsidiary', or 'Own Company'): Subsidiary

4. Cross-shareholding Ratio: 42.90%

5. Reason for Occurrence: As the company's stock closed below HK$2.40 per share on 115/07/27, Qiaomin Investment Plan has decided to purchase additional shares of the company through the Shenzhen Stock Exchange using a centralized bidding method within six months from the date of this announcement, in order to demonstrate confidence in the company's future stable development. The number of shares to be purchased will be no less than 0.15% and no more than 0.30% of the company's total issued shares.

6. Response Measures: Qiaomin Investment Co., Ltd. will initiate the share purchase plan starting from 115/07/28. The implementation period of the purchase plan will consider factors such as sensitive periods to assess feasibility. Within six months from 115/07/28, the company will cumulatively purchase no less than 0.15% and no more than 0.30% of the listed company's total issued shares. If, upon the conclusion of the six-month implementation period, the company's stock closes below HK$2.40 per share on any trading day between the end of the implementation period and 116/06/25, Qiaomin Investment will continue to consult with the company's board of directors on measures to stabilize the stock price, fulfilling the commitment issued in year 101. The next share purchase plan will be initiated on the trading day following any day when the closing price is below HK$2.40 per share, and cumulative purchases will not exceed 2% of the listed company's total issued shares within twelve months from the date of the first purchase plan announcement (i.e., 115/06/26).

7. Other Matters to be Disclosed (if the subject of the event or resolution is a publicly listed company, this material information also qualifies under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act as a matter having significant impact on shareholders' rights or securities prices): None