Subsidiary Tong Win Trading (Jiaxing) Co., Ltd. announced that it was obtained from related parties Real estate use right asset

SEQ_NO	1	Date of announcement	2024/11/29	Time of announcement	15:35:04
Subject	Subsidiary Tong Win Trading (Jiaxing) Co., Ltd. announced that it was obtained from related parties Real estate use right asset
To which item it meet	sparagrap 20			Date of events	2024/11/29
Statement	1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North     District, Taichung City): Room 502-2, Building 1, Fortune Square, Economic and     Technological Development Zone, Jiaxing City, Zhejiang Province   2.Date of occurrence of the event:2024/11/29   3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and      total transaction price:     (1) Number of trading units:49.005pings     (2) Price per unit:RMB$69,984 per year     (3) Total transaction amount: The amount of the right-of-use asset is RMB$68,820   4.Trading counterparty and its relationship with the Company (if the trading counterparty     is a natural person and furthermore is not a related party of the Company, the name of     the trading counterparty is not required to be disclosed):     Tong Ming Enterprise (Zhejiang) Co.,Ltd.   5.Where the trading counterparty is a related party, announcement shall also be made of     the reason for choosing the related party as trading counterparty and the identity of the     previous owner, its relationship with the Company and the trading counterparty, and the     previous date and monetary amount of transfer:NA   6.Where an owner of the underlying assets within the past five years has been a related     party of the Company, the announcement shall also include the date and price of     acquisition and disposal by the related party, and its relationship with the Company at     the time of the transaction:NA   7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those     with deferral should provide a table explaining recognition):NA   8.Terms of delivery or payment (including payment period and monetary amount),     restrictive covenants in the contract, and other important terms and conditions:     (1) Payment terms: annual payment, RMB$69,984 per year     (2) Period: 2024/12/01~2025/11/30     (3) Other important agreements: none   9.The manner of deciding on this transaction (such as invitation to tender, price comparison,     or price negotiation), the reference basis for the decision on price, and the decision-making     unit:NA 10.Name of the professional appraisal firm or company and its appraisal price:NA 11.Name of the professional appraiser:NA 12.Practice certificate number of the professional appraiser:NA 13.The appraisal report has a limited price, specific price, or special price:NA 14.An appraisal report has not yet been obtained:NA 15.Reason for an appraisal report not being obtained:NA 16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA 17.Name of the CPA firm:NA 18.Name of the CPA:NA 19.Practice certificate number of the CPA:NA 20.Broker and broker's fee:NA 21.Concrete purpose or use of the acquisition or disposal: Use as an office 22.Any dissenting opinions of directors to the present transaction:NA 23.Whether the counterparty of the current transaction is a related party:Yes 24.Date of the board of directors resolution:2024/11/29 25.Date of ratification by supervisors or approval by the audit committee:NA 26.The transaction is to acquire a real property or right-of-use asset from a related party:Yes 27.The price assessed in accordance with the Article 16 of the Regulations Governing the     Acquisition and Disposal of Assets by Public Companies:NA 28.Where the above assessed price is lower than the transaction price, the price assessed in     accordance with the Article 17 of the same regulations:NA 29.Any other matters that need to be specified: Continuation of tenancy at the original     location Date of submission to the board of directors or approval by the board of     directors: 2024/11/12