【Changhong】Announcement of Intent to Sign Construction Contract for New Construction of Residential Building in Jianlin Section of Linkou District, New Taipei City

1. Contract Type: Construction Contract 2. Date of Fact: 115/7/15~115/7/15 3. Board of Directors Approval Date: Republic of China 115th year 7th month 15th day 4. Other Decision Dates: Not applicable 5. Contracting Party and Their Relationship with the Company: Honglin Construction Factory Co., Ltd.; A 100% owned subsidiary of our company. 6. Main Contents of the Contract (Including Total Contract Amount, Estimated Amount to be Invested, and Contract Period) as well as Restrictive Clauses and Other Important Terms: Main Contents of the Contract: New construction of a residential building in the Jianlin section of Linkou District, New Taipei City, with a total amount of approximately NT$630 million, signing a construction contract, undertaken by Honglin Construction Factory. Contract Period: Not yet formally signed. 7. Name of Professional Appraisal Firm or Company and Their Appraisal Results: Not applicable 8. Name of Real Estate Appraiser: Not applicable 9. Real Estate Appraiser's Business License Number: Not applicable 10. Specific Purpose: Investment in the construction of residential buildings for sale or lease. 11. Opinions of Directors Who Object to This Transaction: None 12. Is This Transaction a Related Party Transaction: Yes 13. Date of Approval or Agreement by Supervisors or Audit Committee: Republic of China 115th year 7th month 15th day 14. Is the Appraisal Report a Limited Price, Specific Price, or Special Price: No or Not applicable 15. Has the Appraisal Report Not Yet Been Obtained: No or Not applicable 16. Reason for Not Yet Obtaining the Appraisal Report: Not applicable 17. If There Are Significant Differences in Appraisal Results, the Cause of the Difference and the Opinion of the Accountant: Not applicable 18. Name of Accounting Firm: Not applicable 19. Name of Accountant: Not applicable 20. Accountant's Business License Number: Not applicable 21. Date of Previous Disclosure of Material Information on the Same Matter: Not applicable 22. Other Matters to be Noted: None.