2323 Chung Hsing

Release Date: 1150731 Statement Date: 1150730 Statement Time: 175409 Company Code: 2323 Company Name: Chung Hsing Subject: Announcement of Disposal of Securities Applicable Clause: Clause 20 Factual Date: 1150730 Details: 1. Security Name: Phison Ordinary Shares 2. Transaction Date: 115/7/17 ~ 115/7/30 3. Board Approval Date: Not applicable 4. Other Approval Dates: Approval Level: Approved by Chairman July 30, 115 5. Transaction Quantity, Unit Price, and Total Transaction Amount: Transaction Quantity (thousands of shares): 250 Unit Price (NT$): 1,718.94 Total Transaction Amount (NT$): 429,733,801 6. Disposal Gain (or Loss) (not applicable for acquisition of securities): Disposal Loss: NT$108,194,778 7. Relationship with the Target Company: None 8. Cumulative Holdings of the Security (including this transaction) to Date – Quantity, Amount, Ownership Percentage, and Restricted Rights (e.g., Pledge): Remaining Holdings: 107,000 shares, Amount: NT$235,634,858 Ownership Percentage: 0.05%, Restricted Rights: None 9. Cumulative Securities Investment (including this transaction) under Article 3 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies' as a Percentage of Total Assets and Equity Attributable to Owners of the Parent in the Most Recent Financial Statements, and the Amount of Working Capital in the Most Recent Financial Statements: Percentage of Total Assets: 85.89% Percentage of Equity Attributable to Owners of the Parent: 123.36% Working Capital Amount: NT$8,285,327 thousand 10. Specific Purpose of Acquisition or Disposal: Portfolio Management 11. Directors Who Expressed Objections to This Transaction: None 12. Whether This Transaction is a Related-Party Transaction: No 13. Counterparty and Relationship with the Company: Not applicable 14. Date of Supervisor Approval or Audit Committee Consent: Not applicable 15. Previous Material Information Disclosure Date for the Same Event: Not applicable 16. Other Disclosures: On 115/06/30, authorized designated traders to conduct securities transactions in the centralized market during Q3 of 115