1.Date of occurrence of the event:2019/12/09
2.Method of the present increase (decrease) in investment:
The subsidiary, Epicrystal Corporation (ChangZhou) Ltd., directly invests a
China company in mainland China.
3.Transaction volume, price per unit, and total monetary
amount of the transaction:
Transaction volume: NA
Price per unit: NA
Total monetary amount of the transaction: RMB 110,000 thousand
4.Company name of the invested mainland Chinese company:
NEO-WPISKY Corporation (Changzhou) Ltd.
5.Paid-in capital of said invested mainland Chinese company:
RMB 5,000 thousand
6.Amount of new capital increment currently planned
by said invested mainland Chinese company:
RMB 330,789 thousand
7.Main business items of said invested mainland Chinese
company:
The research and development, manufacturing, packing, sales and technical
consulting on Optoelectronic devices, ICs, Semiconductor discrete devices,
LED chips and LED epitaxial wafer.
8.Type of CPA opinion issued for the financial statement
of said invested mainland Chinese company for the most
recent fiscal year:
It is not applied due to the invested company is incorporated at
Sept.27,2019.
9.Total equity of said invested mainland Chinese company on
the financial statement for the most recent fiscal year: NA
10.Amount of profit/loss of said invested mainland Chinese
company on the financial statement for the most recent
fiscal year: NA
11.Amount of actual investment to date in said invested
mainland Chinese company: RMB 5,000 thousand
12.Counterparty to the transaction and its relationship
to the Company:
NEO-WPISKY Corporation (Changzhou) Ltd. is directly invested by
Epicrystal Corporation (ChangZhou) Ltd. which is the china subsidiary
company of EPISTAR.
13.Where the counterparty to the transaction is an actual
related party, public announcement shall also be made of
the reason for choosing the related party as the
counterparty and the identity of the previous owner
(including its relationship with the company and the
trading counterpart), the date of transfer, and the price: NA
14.Where a person who owned the subject matter of the
transaction within the past five years has been an
actual related party of the company, public
announcement shall also be made of the dates and
prices of acquisition and disposal by the related
party and such party's relationship to the company
at those times: NA
15.Gain (or loss) on disposal: NA
16.Terms of delivery or payment (including payment period
and monetary amount), restrictive covenants in the
contract, and other important stipulations: Remittance
17.The manner of deciding on this transaction, the reference
basis for the decision on price and the decision-making
department: Board of Directors
18.Broker: None.
19.Concrete purpose of the acquisition or disposal: Long term investment
20.Do the directors have any objection to the present transaction?: None.
21.Is it a related party transaction?: yes
22.Date of the board of directors’resolution:2019/12/09
23.Date of the recognition of the supervisors
or the board of independent directors’resolution:2019/12/09
24.Total amount of mainland China area investment
(including the present investment) approved by the
Investment Commission to date:
NTD 14,023,676 thousand
25.Ratio of the total amount of investment (including
the present investment) in the mainland China area approved
by the Investment Commission to date to the paid-in capital
on the financial statement for the most recent period:128.91%
26.Ratio of the total amount of investment (including
the present investment) in the mainland China area
approved by the Investment Commission to date to the
total assets on the financial statement for the most
recent period:24.48%
27.Ratio of the total amount of investment (including
the present investment) in the mainland China area approved
by the Investment Commission to date to the shareholders’
equity on the financial statement for the most recent period:30.21%
28.Total amount of actual investment in the mainland China
area to date: NTD 12,674,304 thousand
29.Ratio of the total amount of actual investment in the
mainland China area to date to the paid-in capital on
the financial statement for the most recent period:116.42%
30.Ratio of the total amount of actual investment in the
mainland China area to date to the total assets on the
financial statement for the most recent period:22.13%
31.Ratio of the total amount of actual investment in the
mainland China area to date to the shareholders’ equity
on the financial statement for the most recent period:27.30%
32.Amount of recognized profits and losses on investment in
the mainland China area for the most recent three fiscal years:
2016: NT$-598,539 thousand
2017: NT$ 482,192 thousand
2018: NT$-311,251 thousand
33.Amount of profit remitted back to Taiwan for the most
recent three fiscal years:0
34.Has the CPA issued an opinion on the unreasonableness of the price
of the current transaction?:No
35.Name of the CPA firm: Top Standing CPA Firm
36.Name of the certifying CPA:Richard Shi
37.The practice certificate number of the CPA:(2014) SFC Certificate No. 6524
38.Any other matters that need to be specified:None.