Fulong Industrial Co., Ltd.'s Property Seized Due to Oil Product Standards Violation

Release Date: 1150717 Statement Date: 1150716 Statement Time: 174635 Company Code: 1219 Company Name: Fulong Subject: Media Report Explanation Applicable Clause: Clause 51 Date of Fact: 1150716 Explanation: 1. Date of Fact: 115/07/16 2. Company Name: Fulong Industrial Co., Ltd. 3. Company Relationship (Please enter the parent company or subsidiary): Parent Company 4. Mutual Shareholding Ratio: Not Applicable 5. Media Name: Economic Daily News, United Daily News 6. Report Content: Due to the case of benzene and picene exceeding standards in oil products, the Taichung District Court has formally ruled to seize the company's land, houses, and other immovable property on the 14th. 7. Reason for Occurrence: 1. The Taichung District Prosecutors Office stated that to thoroughly deprive criminal gains and maintain consumer rights and food safety order, they requested the Taichung District Court to seize the company's land, houses, and other immovable property based on the current understanding of the sales flow and scope of criminal gains of the involved oil products. 2. The prosecution also sent a letter to the Food and Drug Administration, requesting them to calculate the amount of illegal gains of the involved products according to Article 49-2 and Article 49-1 of the Food Safety and Sanitation Management Act and the regulations of the "Methods for Estimating and Calculating the Illegal Gains of Food Safety and Sanitation Management Act Seizure, Confiscation, Recovery, and Reclamation." 8. Response Measures: The company has not yet received the seizure application documents. If they receive relevant documents from the court or prosecution, they will cooperate and proceed according to the relevant regulations. 9. No other matters need to be clarified.