Jian Xin International Receives Civil Judgment from Taiwan Taichung Branch of the Taiwan High Court

Release Date: 1150715 Statement Date: 1150714 Statement Time: 141001 Company Code: 8367 Company Name: Jian Xin International Subject: Announcement of the company's litigation agent receiving a civil judgment from the Taiwan Taichung Branch of the Taiwan High Court. Applicable Clause: Clause 2 Date of Fact: 1150714 Explanation: 1. Parties to the legal event: Appellant (Original Plaintiff): Shinma Industrial Corporation Respondent (Original Defendant): Jian Xin International Corporation 2. Name of the court or disposition authority for the legal event: Taiwan Taichung Branch of the Taiwan High Court 3. Case number of relevant documents for the legal event: 112 Annual Appeal Case No. 197 4. Date of Fact: 115/07/14 5. Occurrence (Including Dispute Subject): The company's litigation agent has received a civil judgment from the Taiwan Taichung Branch of the Taiwan High Court, The main text of the judgment is as follows: The original judgment is revoked. The respondent shall pay the appellant NT$51,244,474, And interest calculated at an annual rate of 5% from May 27, 2021, until the day of repayment. The litigation costs for the first and second trials shall be borne by the respondent. The payment ordered by this judgment may be provisionally executed after the appellant provides NT$17,380,000 as security for the respondent. However, if the respondent provides NT$51,244,474 as security for the appellant, provisional execution may be waived. 6. Handling Process: Engage lawyers to handle relevant legal procedures. 7. Impact on Company Finances and Business and Estimated Impact Amount: The company will appeal the ruling in accordance with the law. Currently, there is no significant impact on the company's finances or operations. 8. Response Measures and Improvement Situation: To be decided after consulting with lawyers. 9. Other Matters to be Stated (If the subject of the event or resolution is a publicly issued company, this major information also meets the provisions of Article 7, Paragraph 2, Subparagraph 2 of the Securities Exchange Act Enforcement Rules regarding matters that have a significant impact on shareholder rights or securities prices): None Keywords: