3712 Yongwei Investment Holding: Subsidiary SFE Announces Voluntary Liquidation in Singapore

Disclosure Date: 1150707 Statement Date: 1150706 Statement Time: 172531 Company Code: 3712 Company Name: Yongwei Investment Holding Subject: Announcement of press conference content regarding material information from subsidiary Shinfox Far East Company Pte. Ltd.

1. Event Date: 115/07/06 2. Company Name: Shinfox Far East Company Pte. Ltd. 3. Relationship with Company: Subsidiary 4. Cross-shareholding Ratio: Senwei Energy (subsidiary) holds 67% 5. Reason for Event: Shinfox Far East Company Pte. Ltd. (SFE), a key equity investment of Senwei Energy and its major shareholder Yongwei Investment Holding, is based in Singapore. SFE's current assets are far insufficient to settle its debts, and it faces claims from creditors. Considering the significant impact on its overall financial structure, Senwei Energy has determined it cannot continue to support SFE's operations. On July 6, 115, SFE's board of directors convened and formally resolved to initiate 'Creditors' Voluntary Liquidation'.

Senwei Energy stated that the liquidation will be conducted in accordance with Singapore's relevant laws and regulations, and Deloitte Singapore has been appointed as the liquidator to officially commence the liquidation process.

Following SFE's resolution to liquidate, Senwei Energy will, in accordance with IAS 1 (International Accounting Standard), reassess all of SFE's assets and liabilities and issue a 'Liquidation Value Report', adjusting the book values of these items to their actual liquidation values. This significant financial adjustment will directly reflect on the upcoming financial statements of both Senwei Energy and Yongwei Investment Holding.

6. Countermeasures: None 7. Other Matters to be Disclosed: None