1589 Yung Chi-KY

Date: May 25, 115. Company: Yung Chi-KY. Subject: Announcement of subsidiary's inability to repay bank loans. Fact date: May 25, 115. Details: 1. Company: Yung Chi Energy Materials Co., Ltd. (Taiwan Branch). 2. Relationship: Subsidiary. 3. Ownership: 100%. 4. Date of default: May 25, 115. 5. Amount: 45,721,000 TWD. 6. Event: The subsidiary failed to repay a loan to CTBC Bank due to overall liquidity difficulties. 7. Measures: Negotiating with the creditor bank to extend the principal and interest. 8. Other: Future short-term loans may also face default if extensions or negotiations are unsuccessful.