Hua Hsin Announces Cash Capital Increase in Subsidiary Yantai Hua Hsin Stainless Steel Co., Ltd. via Concord Industries Limited

1. Factual Date: From August 7, 2026 (Minguo Year 115) to August 7, 2026 (Minguo Year 115) 2. Method of New (or Reduced) Investment: The Company is conducting a cash capital increase in Yantai Hua Hsin Stainless Steel Co., Ltd. through Concord Industries Limited. 3. Board Approval Date: August 7, 2026 (Minguo Year 115) 4. Other Decision Dates: Not applicable 5. Number of Transaction Units, Unit Price, and Total Transaction Amount: (1) Number of units and unit price: Not applicable (non-shareholding structure) (2) Total transaction amount: USD 15,000 thousand 6. Name of Mainland Investee Company: Yantai Hua Hsin Stainless Steel Co., Ltd. 7. Paid-in Capital of the Above Mainland Investee Company: USD 385,065 thousand 8. Proposed Additional Capital for the Above Mainland Investee Company: USD 15,000 thousand 9. Primary Business Activities of the Above Mainland Investee Company: Stainless steel and related products 10. Auditor Opinion Type for the Most Recent Financial Statements of the Above Mainland Investee Company: Unqualified opinion 11. Total Equity in the Most Recent Financial Statements of the Above Mainland Investee Company: RMB 511 thousand 12. Net Profit/Loss in the Most Recent Financial Statements of the Above Mainland Investee Company: RMB -371,589 thousand 13. Cumulative Actual Investment in the Above Mainland Investee Company to Date: USD 282,927 thousand 14. Counterparty and Relationship with the Company: (1) Counterparty: Yantai Hua Hsin Stainless Steel Co., Ltd. (2) Relationship with the Company: Yantai Hua Hsin Stainless Steel Co., Ltd. is an indirectly wholly-owned (100%) subsidiary of the Company. 15. If the counterparty is a related party, disclose reasons for selecting them, previous transferor, relationship between previous transferor and the Company/counterparty, transfer date, and amount: Not applicable (cash capital increase) 16. If the owner of the subject asset was a related party within the past five years, disclose acquisition/disposal date, price, and relationship with the Company at the time: Not applicable 17. Gain (or loss) on disposal: Not applicable 18. Delivery or payment terms (including payment schedule and amounts), contractual restrictions, and other significant agreements: (1) Delivery or payment terms: Payment to be made upon approval by the Investment Commission, Ministry of Economic Affairs (2) Contractual restrictions and other significant agreements: None 19. Transaction decision method, reference basis for pricing, and decision-making body: (1) Transaction decision method and pricing reference: Cash capital increase (2) Decision-making body: Board of Directors 20. Broker: None 21. Specific Purpose of Acquisition or Disposition: Capital expenditure 22. Dissenting Director Opinions on the Transaction: None 23. Whether the transaction is with a related party: Yes 24. Date of Supervisor Approval or Audit Committee Consent: July 31, 2026 (Minguo Year 115) 25. Cumulative Approved Investment Amount into Mainland China by the Investment Commission (including this transaction): USD 689,255 thousand 26. Ratio of the above cumulative approved amount to the latest financial statement's paid-in capital: 50.62% 27. Ratio of the above cumulative approved amount to the latest financial statement's total assets: 10.08% 28. Ratio of the above cumulative approved amount to the latest financial statement's equity attributable to owners of the parent: 13.52% 29. Cumulative Actual Investment Amount into Mainland China to Date: USD 653,168 thousand 30. Ratio of actual investment to latest financial statement's paid-in capital: 46.95% 31. Ratio of actual investment to latest financial statement's total assets: 9.35% 32. Ratio of actual investment to latest financial statement's equity attributable to owners of the parent: 12.54% 33. Recognized Investment Gains/Losses from Mainland China over the Past Three Years: 2023 (Minguo 112): NTD -2,582,502 thousand 2024 (Minguo 113): NTD -3,306,841 thousand 2025 (Minguo 114): NTD -2,254,375 thousand 34. Profits Repatriated from Mainland China over the Past Three Years: 2023 (Minguo 112): NTD 36,150 thousand 2024 (Minguo 113): NTD 0 thousand 2025 (Minguo 114): NTD 31,850 thousand 35. Whether accountants issued a non-reasonableness opinion on this transaction: Not applicable 36. Name of Accounting Firm: Not applicable 37. Name of Accountant: Not applicable 38. Accountant License Number: Not applicable 39. Previous Material Information Disclosure Date for the Same Event: Not applicable 40. Other Explanatory Matters: This announcement pertains to a new capital increase. The previous capital increase announced on May 8, 2026, remains ongoing and has not been altered or superseded by this board resolution.